Tag Archives: Scandals

LONDON (AP) — A British financial trader, who has been described as the ringleader in the manipulation of a key interest rate before and after the global financial crisis, lost his appeal Wednesday to have his conviction quashed. Tom Hayes, 44, who was a former trader at U.S. bank Citigroup and Switzerland’s UBS, became in 2015 the first person to …

CAPE TOWN, South Africa (AP) — Prosecutors said Friday they are seeking extradition orders and the arrest of more suspects over the 2020 theft of around $580,000 in U.S. cash that was hidden in a couch at South African President Cyril Ramaphosa’s ranch. The theft, which only became public in 2022, engulfed Ramaphosa in scandal and led to an investigation …

VATICAN CITY (AP) — One afternoon in mid-December, Pope Francis had a meeting that wasn’t on his official agenda or otherwise recorded, that underscored the utter dysfunction of the Catholic Church’s response to the global clergy sex abuse scandal. In the main reception room of the Vatican hotel where he lives, Francis met for more than an hour with a …