Brass Parachutes

Brass Parachutes

WIB politics November 7, 2018

Governments and corporations want to make sure their leaders and employees act in the best interest of the organization. The private sector has a number of tools for protecting itself from conflicts of interests or otherwise compromising confidential business information. Law firms have conflict-of-interest reviews, and it’s pro forma... Read more
A U.S. Military Contractor Allegedly Laundered Money From Iran
The chairman of a key U.S. military contractor in the Middle East was recently charged with multiple felonies in a major fraud, money laundering and public corruption scheme. According to court papers in Kuwait, where the charges were filed, misappropriated investor money so far totals more than $160 million,... Read more
One Congressman Suspects a Major Airplane Parts-Maker Is Screwing Over the Pentagon
In late March 2017, a member of the U.S. House of Representatives called on the Department of Defense Inspector General to investigate an aircraft parts supplier suspected of gouging the Pentagon for many years. Rep. Ro Khanna, a California Democrat and a member of the House Armed Services Committee,... Read more
Yet Another U.S. Navy Officer Goes Down Over Prostitutes and Corruption
The U.S. Navy held a preliminary hearing to review criminal charges against one of its officers on Friday. According to a redacted report obtained by USNI News, investigators suspect the seaman of two counts of espionage and three counts of attempted espionage. The Navy didn’t release the name of... Read more
Africa’s Defense Industry Is the Most Corrupt in the World
Of the world’s inhabited continents, Africa has by no means the biggest defense sector. Fifty-four African states are responsible for less than three percent — or about $50 billion — of the world’s military expenditure. But the continent also has experienced the largest increase in military spending, an astronomical 90 percent... Read more
How a Malaysian Playboy Controlled the Most Powerful Naval Force on the Planet
It was the middle of September 2013 and the U.S. Justice Department had laid a trap. Its target was the Malaysian millionaire defense contractor Leonard Glenn Francis. But no one called him by his real name. At six feet tall and more than 300 pounds, he earned the nickname... Read more

Matthew Gault

Contributing Editor

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