The naked truth about transparency and other news…
Yet a job that for decades called for blending into the woodwork is today filled in many cases by newsmakers whom lawmakers publicly cultivate. “There is increased appreciation and demand for our work,” says Phyllis Fong, the Agriculture Department’s IG, who also chairs the inspectors general council. “Many more bills nowadays have provisions saying, ‘Have the IGs take a look annually or periodically.'” (Click HERE for article)
SEC Sues Major Body Armor Supplier
MIAMI (CN) – February 28, 2011 – The SEC today charged a “major supplier” of body armor to the U.S. military and law enforcement agencies with “massive accounting fraud.” It sued DHB Industries nka Point Blank Solutions and in a separate complaint sued outside directors Jerome Krantz, Cary Chasin, and Gary Nadelman, claiming they were “willfully blind to numerous red flags signaling the accounting fraud, reporting violations, and misappropriation”.
The SEC previously accused the company’s former CEO David Brooks and two other senior officers with accounting fraud. The SEC said in a statement today that the company “engaged in pervasive accounting and disclosure fraud through its senior officers and misappropriated company assets to personally benefit the former CEO.” (Click HERE for article) (Click HERE to read SEC v. DHB Industries nka Point Blank Solutions complaint)
Briton awaits verdict in Iraq murder trial
SINAN SALAHEDDIN -The Associated Press – BAGHDAD – February 28, 2011 – An Iraqi court is expected to issue a verdict Monday in the case of a British man accused of murdering two contractors in Baghdad in the first trial of a Westerner in Iraq since the U.S.-led invasion in 2003.
Danny Fitzsimons, 30, is charged with two counts of murder for the 2009 shooting deaths of a British and Australian contractor who worked with him and with attempting to kill an Iraqi guard. If convicted, Fitzsimons could face the death penalty. He arrived in the Baghdad court on Monday morning.
Fitzsimons, from Rochdale, England, admits to shooting the men but claims it was self-defense. He also claims to be suffering from post-traumatic stress disorder.
At the end of the trial late last month, Fitzsimons asked the judges to consider a plea agreement that would convict him on manslaughter charges, which would carry far lesser penalties. (Click HERE for article)