Monday, June 14, 2021

settlement

Deloitte to pay RM324 million in 1MDB, SRC International settlement

This is the largest 1MDB-related settlement by an audit firm in Southeast Asia, says finance ministry.

Umno man apologises to Yeo in settlement of defamation suit

In his statement of apology, Jamal Yunos also acknowledges that Yeo Bee Yin was 'honest and transparent' in her management of the funds in question.

Facebook to pay US$650 million settlement over US privacy dispute

During the trial, it emerged that Facebook was violating Illinois law by storing biometric data – digital scans of people's faces, in support of its face-tagging feature – without users' consent.

AmBank to pay RM2.83 billion settlement over 1MDB scandal

This is in addition to the RM53.7 million penalty imposed by Bank Negara Malaysia and paid by AmBank Group.

Amazon to pay US$61.7 million to settle charges of withholding driver tips

The US Federal Trade Commission says the agreement settles a complaint that Amazon failed to give the full tip amounts to drivers in its Amazon Flex programme.

Google to pay US$3.8 million to settle compensation, hiring discrimination claims

Google will also review its policies on hiring and compensation and take corrective action to ensure non-discrimination practices in the workplace.

Goldman Sachs freed of 1MDB bond sale charges

Goldman Sachs International Ltd and its two Asian entities were given a discharge amounting to an acquittal from the four charges against them.

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