Financial Transparency Coalition

Botswana government officials may have entered into questionable deals with convicted US congressman William Jefferson for educational technology and satellite transmission contracts in exchange for support for Botswana during the “diamond for development” controversy.

Global Financial Integrity applauds Mr. Khuzami’s plan to reorganize the enforcement arm of the SEC and maximize the agencies powers in an effort to enforce laws already on the books that require corporations to be accountable for their illegal actions on the national and international level. The SEC has not provided additional detail on the five specialized investigative groups, but we hope that trade mispricing is included in the scope of the investigative group responsible for market abuses by big traders. Approximately 60% of global trade is now conducted within subsidiaries of the same multi-national corporation -...

William Jefferson's federal corruption trial will forever and always be remembered as the one about the guy with the cash in his freezer.

ALEXANDRIA, VA. - Former Democratic Congressman William Jefferson was found guilty of 11 of 16 corruption charges today by a federal jury.