South Korea's financial regulator is investigating NH NongHyup Life Insurance over suspected illegal rebates involving promotional hand cream, with strict action promised as criminal procedures and inspections continue.
#YonhapInfomax #NHNongHyupLifeInsurance #FinancialSupervisoryService #RebateInvestigation #PromotionalItems #SlushFunds #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87394
Lee Chan-jin Says 'NH NongHyup Life Promotional Rebate Case Strongly Suspected of Corruption—Strict Action to Follow'

South Korea's financial regulator is investigating NH NongHyup Life Insurance over suspected illegal rebates involving promotional hand cream, with strict action promised as criminal procedures and inspections continue.

Yonhap Infomax

Examples of despicable actions perpetrated during Japanese elections that could have been funded by the so-called "slush funds" -- at the heart of a scandal:

- troll farm (one that was under the nickname "Dappi" at that time) paid by the government on Twitter, to skew the public opinion in favor of the dominant political party,

- noisy and aggressive bikers (paid to do that?) that trailed left-parties' campaign vehicles, with the revving and modified exhausts covering what the left parties were saying over their speakers, and also thus intimidating the staff by their mean behavior,

- literally every single car-park in Japan has LDP's (the dominant party) posters stuck on their walls/fences (is this paid through shady funds?), and same for many corporations on the walls of their premises,

- and so on...

#Japan #Dappi #LDP #slushfunds

Fuck sake. These people have far too much money on hand to donate to their favoured #GOP #SuperPACs. That is before we even get into the millionaires & billionaires donating to the other party of Capital.

I can think of more productive ways of getting across the message - Take out a full page spread in NYT 'We demand to pay more tax! Otherwise we are just going to piss all our cash up against the wall'.

https://www.washingtonpost.com/politics/2023/08/01/pro-desantis-super-pac-dominates-cash-race/

#PoliticalActionCommittees #SlushFunds #CashForInfluence

Pro-DeSantis super PAC dominates cash race

In today’s edition … DeSantis’s economic pitch, a lot like Trump’s … The real-life impact of an abortion ban … but first …

The Washington Post

In a decision that critics are calling "pathetic," "troubling," and "unfortunate," with "limitless potential for corruption," the country's election regulators have for the first time explicitly authorized personal slush funds for politicians.

#UnitedStates #FEC #PAC #SlushFunds
https://www.thedailybeast.com/pathetic-feds-rule-candidate-leadership-pac-slush-funds-are-legal

‘Pathetic’: Feds Rule Candidate Leadership PAC ‘Slush Funds’ Are Legal

With the FEC's decision, candidates can use their leadership PACs as their own personal piggy banks.

The Daily Beast