US prosecutors accuse ex-Alstom Indonesian executives of bribery

first_imgBy the fall of 2003, a second consultant was hired to “more effectively bribe” the Indonesian state energy company — an effort that was eventually successful.The three executives are accused of violating the Foreign Corrupt Practices Act (FCPA), which allows the authorities to investigate illicit conduct by companies listed on a US stock exchange, or by its citizens or residents.Alstom was delisted from Wall Street in 2004. The company has focused on transport after ceding its energy interests to General Electric five years ago.The latest charges are part of a long-running investigation into corruption by officials working for both Alstom and Marubeni.The Justice Department said five other people, along with both companies, have pled guilty in the probe, while one defendant, former Alstom senior vice president Lawrence Hoskins, was found guilty by a jury last November of conspiracy, money laundering and violating the FCPA.Topics : Federal prosecutors in the United States on Tuesday revealed bribery charges against two former executives of French company Alstom and a former executive of Japanese conglomerate Marubeni.The defendants are accused of paying bribes to Indonesian officials in exchange for the award of a $118 million electricity contract to Marubeni and to Alstom’s subsidiaries in the US state of Connecticut and Indonesia, the Department of Justice said in a statement.Reza Moenaf, 63, former president of Alstom’s subsidiary in Indonesia, Eko Sulianto, 63, the subsidiary’s former sales director and former deputy general manager of Marubeni’s Overseas Power Project Department Junji Kusunoki, 57, are accused in the scheme. The Justice Department said those targeted for bribing were a high-ranking Indonesian parliamentarian and the president of the state-owned electricity company — both unnamed.”To conceal the bribes, the defendants allegedly retained two so-called ‘consultants’ purportedly to provide legitimate consulting services on behalf of the power company and its subsidiaries in connection with the Tarahan project,” the Justice Department said, referring to the power contract’s name.”The indictment, however, alleges that the primary purpose for hiring the consultants was to use the consultants to pay bribes to Indonesian officials.”The first consultant “allegedly received hundreds of thousands of dollars in his Maryland bank account to be used to bribe the member of Parliament,” the statement said.last_img read more

Jesse Lingard says he would ‘love’ for Manchester United to sign Juventus superstar Cristiano Ronaldo

first_img Comment Advertisement Lingard also offered his opinion on the top-four race (Picture: Getty) Solskjaer: De Gea is not the reason we’re in sixth placeTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 6:21FullscreenSolskjaer: De Gea is not the reason we’re in sixth place is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Lingard will hope to help Manchester United snatch fourth place from Chelsea and Arsenal with just two matches of the 2018-19 Premier League season remaining.On the top-four race, England international Lingard added: ‘It’s a tough one, the four teams are so evenly matched as you can see, there’s only three points in it.‘It’ll probably go right down to the final day. I wouldn’t want to say who will miss out, but it’ll be close I’ll give you that.’Manchester United travel to Huddersfield Town on Sunday before facing Cardiff City on the final day of the season.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves Cristiano Ronaldo signing for Manchester United would be ‘amazing’, says Jesse Lingard (Picture: Getty)Jesse Lingard insists he would ‘love’ to play alongside Cristiano Ronaldo at Manchester United.Ronaldo left Old Trafford in 2009 and quickly became a legend at Real Madrid, scoring a remarkable 450 goals in 438 games for the Spanish club.During his nine-year spell at the Bernabeu, Ronaldo also won four Champions League and two La Liga titles, as well as bagging the Ballon d’Or on three occasions.Manchester United were linked with a move for Ronaldo before he joined Juventus last summer and Lingard admits it would be ‘amazing’ to see the Portugal forward return.ADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘I would love [Manchester United] to sign [Cristiano] Ronaldo. He has been one of the best players in the world over the last decade,’ Lingard told The Daily Mirror.AdvertisementAdvertisement‘He has been here before so he would slot right back in.‘Growing up he was just unbelievable to watch in a United shirt, so on a personal note it would be amazing to play with him.’ Advertisement Jesse Lingard says he would ‘love’ for Manchester United to sign Juventus superstar Cristiano Ronaldo Metro Sport ReporterThursday 2 May 2019 11:30 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link293Shareslast_img read more

Best Gold Coast suburbs to buy a house for under $500K

first_img Gold Coast suburbs rank in top 20 Homesites are selling fast in Mirvac’s Gainsborough Greens community in Pimpama.The Gold Coast’s most affordable suburbs have been revealed, with five suburbs presenting the best chance of buying a house for under $500,000.CoreLogic’s Top Affordable Suburbs report for March 2020 identifies the top 100 suburbs across Australia where the median house value is under $500,000.Homes in the Hinterland suburb of Lower Beechmont are the lowest on the Gold Coast, with a median value of $450,993. But with only 21 homes sold there in the past 12 months, budget buyers may be wise to consider other options. Pimpama is the next best thing when it comes to affordable housing — the median value of a home there is $469,855 — and budget home buyers are onto it. Gainsborough Greens by Mirvac at Pimpama on the Gold Coast.The latest release of homesites in Mirvac’s Gainsborough Greens community in Pimpama saw 70 per cent sold within two weeks.Sized from 400sq m and priced from $260,000, 46 of the 61 homesites in Habitat Release were snapped up for a total of $13 million.Warwick Bible, Mirvac General Manager, Residential Development Queensland, said affordability, access to the highway for commuters, Pimpama City shops and services, and a proposed train station made the suburb a smart option.“The northern Gold Coast continues to be one of the fastest-growing areas in the city and it is easy to see why, with the ability to build a brand new and relatively affordable home with everything you could need in easy reach,” he said. MORE NEWS: Mums births twins then bids at auctioncenter_img The neighbouring suburb of Coomera is the Gold Coast’s third most affordable, with a median house value of $472,149. And with 252 homes changing hands in Coomera in the past 12 months, buyers have plenty of stock to choose from.In Nerang, house values have a median value of $475,710, while in Ormeau Hills buyers pay around $493,957 for a house. More from news02:37International architect Desmond Brooks selling luxury beach villa8 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoFor those with a little more in the budget, several suburbs offer a median house price that’s under $550,000.Canungra ($507,851), Ormeau ($516,709), Upper Coomera ($518,877), Coombabah ($522,185) and Labrador ($530,725) rank among the top ten most affordable suburbs on the Gold Coast.Highland Park, where the median house value is $536,609 also represents good value, as does Merrimac where a house will set you back around $545,951.At the other end of the scale, Mermaid Beach is the most expensive suburb in which to buy on the Gold Coast, with a median house value of $1.389 million.Hot on her heels is Surfers Paradise where you can expect to pay around $1.307 million for a house, while $1.132 million is the median for houses in Broadbeach Waters.Eliza Owen, Head of Australian Research at Core Logic, said affordability metrics showed property on the Gold Coast was more affordable than the Sunshine Coast and the Richmond Tweed region, but less affordable than greater Brisbane.“As of February 2020, the median house value across Brisbane is $551,770, compared with $661,560 on the Gold Coast,” she said.“Prices across the Gold Coast have risen since September, and this will have weakened the affordability position in recent months.”last_img read more

GoM Dead Zone in Need of Bold New Approaches

first_imgThe primary finding of a new study show that shrinking the annual Gulf of Mexico Dead Zone down to the size of Delaware will require a 59 percent reduction in the amount of nitrogen runoff that flows down the Mississippi River from as far away as the Corn Belt. The study used four computer models to see what it would take to reach the longstanding but elusive goal of cutting the size of the Gulf of Mexico summer hypoxic zone — an area of low to no oxygen that can kill fish and other marine life — by more than two-thirds.In a paper published this week in the Proceedings of the National Academy of Sciences, or PNAS, the researchers conclude that, while the goal is still attainable, reaching it will require bold new approaches applied on a large scale in upstream agricultural areas. Farmland runoff containing fertilizers and livestock waste is the main source of the nitrogen and phosphorus that cause the Gulf of Mexico hypoxic zone, which is also known as the “Dead Zone.”The researchers use four computer models to predict the size of the Gulf of Mexico hypoxic zone in June forecasts issued by the National Oceanic and Atmospheric Administration, or NOAA. NOAA’s 2017 Gulf of Mexico ensemble forecast predicted a dead zone of 8,185 square miles, or about the size of New Jersey, which would be the third largest on record.“By synthesizing information from multiple sources and computer models, we have developed the most accurate predictions of the Dead Zone, which is located in one of the most economically and environmentally important bodies of water for our country — the Gulf of Mexico,” said co-author R. Eugene Turner, LSU Boyd Professor in the Department of Oceanography & Coastal Sciences.In their PNAS paper, the researchers point out that little progress has been made in reducing either the nutrient levels in the rivers that empty into the Gulf of Mexico or the size of the hypoxic zone itself.In February 2015, the Mississippi River/Gulf of Mexico Watershed Nutrient Task Force, a coalition of federal, state and tribal agencies, pushed to 2035 the goal of reducing the Gulf’s hypoxic zone to 1,950 square miles. The most recent five-year average size of the Gulf Dead Zone is 5,410 square miles, or 14,024 square kilometers. The Task Force also agreed on an interim target of a 20 percent reduction in the amount of nitrogen flowing into the Gulf of Mexico by 2025.“The bottom line is that we will never reach the Action Plan’s goal of 1,950 square miles until more serious actions are taken to reduce the loss of Midwest fertilizers into the Mississippi River system,” said University of Michigan aquatic ecologist Don Scavia, lead author of the PNAS paper.River concentrations of the nitrogen compound nitrate have not declined since the 1980s. And the current five-year running average of the nitrate load delivered to the Gulf of Mexico is not significantly different from the 1980-1996 baseline, despite the fact that U.S. Farm Bill conservation programs spent more than $28 billion in the 20 Mississippi Basin states since 1995.“Clearly something more or something different is needed,” Scavia and his colleagues wrote in PNAS. “It matters little if the load-reduction target is 30 percent, 45 percent or 59 percent if insufficient resources are in place to make even modest reductions.”Potential paths toward reducing levels of both nitrogen and phosphorus include altering fertilizer application rates; using cover crops, or fast-growing crops planted to prevent soil erosion; improving overall nutrient management; and pursuing alternatives to corn-based biofuels.“It is time to ask what is preventing more extensive implementation of some or all of these strategies,” wrote the authors, who are based at LSU, University of Michigan, North Carolina State University and the College of William & Mary.In their modeling study, the researchers looked at the likely impacts of the 20 percent nitrogen reduction and concluded that it would produce an 18 percent drop in dead zone size over the long term, though it may not have a measurable effect in the next five to 10 years. Although nitrogen has historically been considered the main nutrient driver of hypoxia in the Gulf of Mexico, a “dual-nutrient strategy” of reducing both nitrogen and phosphorus appears to be the most prudent management approach, according to Scavia and his co-authors.The 59 percent nitrogen reduction needed to shrink the Dead Zone to the size of Delaware is larger than the 45 percent cut called for in the Gulf Task Force’s Action Plan. It is also higher than recommendations made for other systems suffering from high nutrient levels, including Lake Erie and Chesapeake Bay.Scavia and his colleagues say the new study marks the first time that multiple models have been synthesized to develop a consensus estimate of how a hypoxic system will respond to nutrient-load reductions. Uncertainties include the potential impacts of climate change such as the frequency, intensity and timing of droughts and floods that are expected to change across much of the U.S. and could affect both the timing and the amount of nutrients delivered to the Gulf of Mexico.Despite the uncertainties, the team’s results show that the hypoxia zone’s response to nitrogen reductions “is robust across substantially different and independent models, providing increased confidence that the load reduction proposed will achieve management goals,” according to the authors.Co-authors of the PNAS paper, “Ensemble modeling informs hypoxia management in the northern Gulf of Mexico,” are R. Eugene Turner of LSU, University of Michigan’s Isabella Bertani, Daniel Obenour and Alexey Katin of North Carolina State University and David Forrest of the College of William & Mary.The work was supported in part by grants from NOAA and the University of Michigan’s Graham Sustainability Institute.Source: ISUlast_img read more

Davenport Speedway hosts May 20 Modified Madness 50

first_imgDAVENPORT, Iowa – The winner of the headline event earns $2,000 at Davenport Speedway’s Modified Madness 50 on Friday, May 20.The 50-lap feature for Xtreme Motor Sports IMCA Modifieds is a qualifying event for the 2016 Fast Shafts All-Star Invitational ballot.IMCA Speedway Motors Weekly Racing National, BMS North Central Region and Allstar Performance State, but no local track points will be awarded for the draw/redraw show. The $50 entry fee can be paid at the gate.Pit gates open at 4:30 p.m., the grandstand opens at 5 p.m., the drivers’ meeting is at 6 p.m. and hot laps are at 6:15 p.m. Racing on the quarter-mile oval starts at 6:45 p.m.Pit passes are $30. All other weekly divisions, including the IMCA Late Models and Karl Chevrolet Northern SportMods, are on the evening’s card and race for all applicable points.Spectator admission will be $15 for adults and $14 for seniors and students, with kids ages 12 and under free when accompanying a paid adult.More information is available from promoter Bob Wagener at 563 652-5302 and at the website. The track race day number is 563 326-5338.last_img read more

EPL: Bournemouth escape relegation beating Villa

first_imgRelatedPosts Runarsson joins Arsenal on four-year deal Martinez completes £20m Aston Villa move Grealish signs new five-year Aston Villa deal Bournemouth moved out of the relegation zone after beating fellow struggler Aston Villa 2-1 in the English Premier League on Saturday. Philip Billing and Nathan Ake scored for the hosts toward the end of the first half at Vitality Stadium. Bournemouth played most of the second half with 10 men after Jefferson Lerma was sent off for a second yellow card in the 51st minute. Villa made a game of it as Mbwana Samatta scored in the 70th on his league debut, becoming the first Tanzanian to score in the division. The Cherries held on to win their second straight league game after a string of four losses to relegation rivals, including Norwich, Watford and West Ham. Unpredictable Villa, whose last five league games have produced two wins, two losses and a draw, is immediately above the relegation zone in 17th place, one point behind Bournemouth.Tags: AFC BournemouthAston VillaMbwana SamattaNathan AkePhilip Billinglast_img read more

Bayern extend Manuel Neuer contract

first_imgRelatedPosts Bayern Munich fans undergo Super Cup coronavirus tests Vidal lands in Milan to complete move from Barca to Inter Whirlwind Bayern Munich dismantle Schalke in season opener German goalkeeper Manuel Neuer has extended his contract with Bayern Munich until June 2023.The club website announced the legendary goalkeeper’s contract extension on Wednesday, with CEO Karl-Heinz Rummenigge hailing Neuer as the best goalkeeper in the world. Considered one of the top goalkeepers in the club’s history, Neuer lifted seven Bundesliga titles and won a Champions League championship in 2013 after moving to Bayern Munich from Schalke 04 in 2011.Having been named the World’s Best Goalkeeper four times, he won the World Cup with the German national team in 2014.Before Neuer’s announcement, Thomas Muller, Alphonso Davies, and head coach Hansi Flick’s contracts were also recently extended by the club.Tags: Bayern MunichContract ExtensionManuel Neuerlast_img read more

McIlroy suffers meltdown

first_img Press Association Even if retaining his title proves out of reach, McIlroy is keen to put on a show on Sunday in his final round of the year. “I need a fast start tomorrow to have a chance,” he said. “It depends too on what the guys ahead of me do. I need some help. But the greens have been firmer every day. So a low score is higher than it was. “I still feel like I can shoot a good one. I just don’t know if that will be enough. I’ll be trying my best. It’s the last round of the season so it would be nice to make it a good one.” Despite being level par after eight holes – when he was joint leader – with a bogey at the fourth immediately followed up by a birdie at the next, McIlroy’s round fell apart just before the turn. He found the rough on the ninth and struggled to dig his way out en route to a triple bogey seven and he then made a double bogey six at the 10th to tumble down the leaderboard. He birdied the next but another pair of bogeys, at the 13th and 16th, dropped him further back. A birdie at the last meant the Northern Irishman at least ended on a positive note going into the final round, but the damage had long since been done. McIlroy won the title at the Australian Golf Club 12 months ago on the 72nd hole, where he pipped world number three Adam Scott, who is currently one shot off the lead after his 69. Although McIlroy was not ready to concede, he admitted he had given himself a mountain to climb. “It was a tough day obviously,” he said on the tournament’s website. “The wind was up. I was doing okay, steady enough, until I got to the ninth. I hit a wayward tee-shot into what I thought was a decent enough lie that I could advance the ball. “But I didn’t realise what I was standing on is not like dirt or earth. It was more like carpet. So the ball went underneath the carpet. Had it been a normal surface it would have been alright, but down there it was impossible.” Two 69s had left the world number one firmly in contention to defend the crown he won in thrilling style last year, but he has been some way short of his best in Sydney this week. That was evident on Saturday as a 76 left him on one-over-par overall, six shots adrift of leading trio Brett Rumford, Jordan Spieth and Greg Chalmers. Rory McIlroy’s hopes of retaining his Australian Open title look to have sunk without trace after a woeful third round left him well adrift of the leading pack.last_img read more

SPORTS PERSONALITY … Determined and dedicated Linden athlete Deshana Skeete

first_imgFIFTEEN-year-old sprinter Deshana Skeete understands that it takes hard work and dedication to develop and to be the best you can and she has her sights set on being a top athlete one day.“For anything you need, you have put certain things away and just focus on achieving what you want to achieve,” she says when asked how she deals with the struggles of being a consistent athlete while studying and balancing her social life.The humble, young Lindener is currently preparing to take another big step up in her athletic pursuits as she gets ready to represent her country at the South American Youth Games in Chile, where she will be competing in her pet events, the Girls’ 200m and 400m.However, Skeete almost thought of pulling out when some of the challenges had gotten to her earlier this year.“It’s very difficult sometimes. She had wanted to give up and all because she said in Georgetown things are better off, because athletes would get sponsorship and things like that,” her mother Nicketa Weekes. sharedBut Weekes said she has seen her daughter come too far to give up now.“I told her, ‘You’ve reached a long way, you can’t give up’. Even a few days ago we were finding it difficult to buy some of the things for her to go, and she said she wasn’t going anyway, but I told her no you have to go.. She makes me too proud,” Weekes said.This will be the biggest competition, to date, that Skeete would participate in since she first began taking athletics seriously at the age of nine. So far she has only represented her country at the Inter-Guiana Games, which she did twice.At this year’s IGG, Skeete returned with an individual gold and silver medals which she copped in the 400m and 200m events. She also played a role in the gold medals that the Guyana girls 4x100m and 4x400m teams attained.“I’ve been training very hard and focusing on my academics. I train every day of the week, Saturday mornings, and Sunday mornings,” the Mackenzie High student disclosed.“Sometimes I have to miss practice for homework.”Weekes remembers how her little daughter would always be running, and when she entered school it was only natural that the teachers ask her to represent the school in the National Schools Championships.Representing District 10 Deshana Skeete got the better of Kenisha Phillips at last year’s Nationals.As fate would have it, she qualified to go to Nationals in her first year of competing. Though at the time she was not affiliated to an athletics club, she would be up early in the morning to do whatever little training she could on her own, set on being one of the lucky athletes to make it to Nationals.However, after a mix-up Skeete was not notified that she qualified for Nationals and had to miss out – a disappointing blow to her when she was just nine years old.But seeing it all as a stepping stone, she continued to push on, and shortly after that she met the coach of the Christianburg/Wismar Secondary School Athletics Club, Moses Pantlitz, and began training. She ensured she made it to Nationals every year after that. Weekes ensured that she also never missed a year to be by her daughter’s side and to beam over her pride and joy.Soon a fierce rivalry developed between Skeete and junior front-runner, Kenisha Phillips, in the 100m, 200m and 400m sprints. Though Phillips usually got the better of Skeete, last year it was Skeete who rose to the occasion and stole the 200m and 400m wins from Phillips, putting her name in the record books along the wayShe won the Girls Under-16 400m in a record 57.7 seconds. She credited the rise to her hard work, and perseverance.“I used to get beaten in almost all my events but I just put all my hard work into practice, especially last year when I was preparing for Nationals, and I saw that I was successful, so now I’m just focusing harder on my goals that I want to achieve.There is nothing that Skeete enjoys more about her running than being on the field hearing the applause of her supporters.“My favourite part of being an athlete is when I go on the field and I start to run, and you hear the noise and persons screaming your name.last_img read more