There is a suit before the High Court requesting for certain details of the transaction; a Petition before CHRAJ on conflict of interest issues; a suit before the Supreme Court requesting clarification on whether the Attorney - General can defend the Minister for
Finance in a conflict of interest matter; a Petition before the United States Security & Exchange Commission; and a Whistleblower Complaint lodged with the Regulator in Luxemburg (Commission de Surveillance de Secteur Financier).
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases
in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding
conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to
finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect
of changes
in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher
interest payments should
interest rates increase substantially; 27) the effectiveness
of any
interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier
financing program; 34) the risks
of doing business internationally, including fluctuations
in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
«We are seeing that our focus on the middle class, by putting more money
in the pockets
of hard working families, and giving less advantages to the wealthiest, is growing the economy,» Trudeau said, as he also attempted to distract the media horde from his
finance minister's loose interpretation
of what constitutes a
conflict of interest.
VEB's role
in the
financing of the Trump - branded property
in Toronto is a perfect example: Because money from VEB went toward enriching Trump (through Shnaider), one can reasonably argue that Trump didn't do enough to eliminate the
conflict of interest that the hotel creates for him
in office.
The JACEI report praises Nestlé for being the first company to meet the breastmilk substitutes criteria to be included
in the FTSE4Good ethical investment Index, yet there is a significant
conflict of interest involved as the Church Central
Finance Board (CFB), which decided to invest
in Nestlé
in 2007, sits on the FTSE4Good committee responsible for assessing Nestlé's baby milk marketing and advising on the criteria.
A self - evident
conflict of interest arises when FTSE allows organisations with substantial investments
in the sector, such as the Central
Finance Board (holding # 1 million
in Nestlé shares), to recommend the criteria to be used for assessing companies and which companies to list.
Speaking on Joy FM's Super Morning Show Wednesday, Kojo Oppong Nkrumah observed, the NDC is on a mission «with the objective
of making accusations that the
Finance Ministry or the
Finance Minister, has done something problematic or has been
in a
conflict of interest position.»
The suit comes after the Deputy Attorney General, Godfred Dame,
in a 16 - page response to CHRAJ's enquiry
in a petition brought by the Ashanti Regional NDC organizer, Yaw Brogya Gyamfi, defended the
Finance Minister over allegations that he may have been involved
in a
conflict of interest situation
in the $ 2.25 billion domestic bond issued by government.
The plaintiff is seeking: A declaration that upon a true and proper interpretation
of the provisions
of the 1992 Constitution, particularly Articles 88 (5), 218 (a) and (e), 284 and 287 thereof, the 1st defendant can not act as the legal representative for Honourable Kenneth Nana Yaw Ofori Atta, the Minister
of Finance of the Republic
of Ghana,
in a pending investigation bordering on
conflict of interest and abuse
of office before the 2nd Defendant; A further declaration that the purported response filed by the 1st Defendant on behalf
of the said Honorable Kenneth Nana Yaw Ofori Atta
in respect
of the petition concerning
conflict of interest and abuse
of office before the 2nd Defendant is unconstitutional, null and void and
of no effect whatsoever;
«The
Finance Minister's extensive
interests in the securities market through the shareholding
in several companies that operate within the sector, some
of whom were contacted by the Bookrunners on this particular bond, always raises the potential for
conflict of interests,» Haruna Iddrisu stated.
The disgruntled NDC parliamentarians are making the case that the
finance minister engaged
in a
conflict of interest in the way he handled the floating
of bonds on the international market at a tune
of 2.5 billion dollars.
Tedisco also became the first Capital Region lawmaker to sign the «Clean Conscience Pledge» (photo attached) sponsored by Common Cause NY to support real ethics reform that includes closing the LLC Loophole for campaign
finance reform, full disclosure
in how legislative leaders spend tax dollars, and limiting outside income for legislators to reduce
conflicts of interest.
In February, Common Cause
of New York filed a complaint with the Campaign
Finance Board and the city
Conflicts of Interest Board regarding CF1NY.
In February, Lerner asked the Campaign
Finance Board and the
Conflicts of Interest Board to investigate de Blasio's use
of nonprofits such as the Campaign for One New York because it «has spawned a shadow government that raises serious questions about who has influence and access to the policymaking process.»
The commission was very clear on the issue with regards to the
Finance Minister as been a former shareholder, beneficiary
of several companies
in the securities market and more importantly a former director to some
of these companies and his
interest to see these institutions attain a certain growth within that sector has the Potential to
Conflict with the
interest of the State.This revelations by the commission is very serious with its potential risk alerted is enormous to affect the securities sector
of the country.
STRANEK finds worrying possibilities
of «
conflict of interest»
in the deal, consequent to which a petition has been presented to Commission
of Human Rights and Administrative Justice (CHRAJ) stating that the Minister for
Finance, Mr. Ofori - Attah, «has attempted to promote a private, personal
interest for himself or for some family members and business associates and the promotion
of the private
interest has resulted
in, or was intended to result
in, or appears to have resulted
in, or has the potential to result
in an interference with the objective exercise
of his duties and an improper benefit or an advantage by virtue
of his position», necessitating a call for an investigation into the bond deal.
The finding by CHRAJ is that the respondent (the Minister
of Finance Ken Ofori Atta) is cleared of the «CONFLICT OF INTEREST» allegation but the commission in its findings made some serious revelations on «potential conflict of interest» as refered to in the observation subtitle in the repor
of Finance Ken Ofori Atta) is cleared
of the «CONFLICT OF INTEREST» allegation but the commission in its findings made some serious revelations on «potential conflict of interest» as refered to in the observation subtitle in the repor
of the «
CONFLICT OF INTEREST» allegation but the commission in its findings made some serious revelations on «potential conflict of interest» as refered to in the observation subtitle in the
CONFLICT OF INTEREST» allegation but the commission in its findings made some serious revelations on «potential conflict of interest» as refered to in the observation subtitle in the repor
OF INTEREST» allegation but the commission in its findings made some serious revelations on «potential conflict of interest» as refered to in the observation subtitle in the
INTEREST» allegation but the commission
in its findings made some serious revelations on «potential
conflict of interest» as refered to in the observation subtitle in the
conflict of interest» as refered to in the observation subtitle in the repor
of interest» as refered to in the observation subtitle in the
interest» as refered to
in the observation subtitle
in the report.
This also adds to a growing list
of conflicts of interest situations
in which the
Finance Minister seems to be entangled - the USD 2.25 billion bond, as well as the appointment
of close relatives and his business associates to key positions at the
Finance Ministry, the Bank
of Ghana and a number
of other state institutions.
The allegation
of conflict of interest by the Minority MPs against the
Finance Minister is very lameness and Dead Goat
in Character.
The
Finance Minister, Ken Ofori - Atta, will be dragging the Commission on Human Rights and Administrative Justice (CHRAJ) to court, over its handling
of the
conflict of interest petition
in relation to the $ 2.25 billion bond issue.
He said the system, with its many apparent
conflicts of interest, was comparable to the
financing of Federal campaigns before the Watergate scandals
in 1972.
By the time Vance Jr. met with the lawyer representing NYC Mayor Bill de Blasio
in his year - old campaign
finance probe
of the mayor, the attorney's firm and its partners had donated $ 70,000 to the top prosecutor, which he did not return to avoid a potential
conflict of interest.
In the Assembly, that means members
of a regional council that advises Cuomo's economic development agency on Buffalo Billion funding must, like other state boards, disclose information annually about their personal
finances to help avoid potential
conflicts of interest.
General News
of Thursday, 10 May 2018 Source: citinewsroom.com
Finance Minister, Ken Ofori - Atta The Supreme Court has adjourned the case
in which the
Finance Minister, Ken Ofori - Atta, has been sued over claims
of conflict of interest in the April 2017 $ 2.25 billion bond issue.
Since the panelists were asked to cost out programs statewide (presumably
in anticipation that any
financing changes would spill over to districts outside New York City), the
conflict of interest could hardly be more direct, unless the panelists had been paid for their labors
in proportion to the amount they recommended.
«The kids stand
in the shoes
of people who have
conflicting interests — the architects,
finance people, and developers.
The government announced
in June this year that it was seeking a new sponsor after the trust repeatedly refused to address
finance concerns and potential
conflicts of interest, or to sever ties with its former executive headteacher, Sir Greg Martin.
In July, the trust — championed by former education secretary Michael Gove — was told to address concerns over
finances and potential
conflicts of interest and sever ties with its chair
of governors and former executive head, Sir Greg Martin (pictured).
Corporate and Tax - Exempt Fundamentals Best Practices for Open Meetings and Avoiding
Conflicts of Interest; Laws Affecting Governance and Transparency
in Charter Schools: Brown Act, Government Code 1090; Political Reform Act; Determining Which Governance and Public Transparency Laws Apply to Your School; Tax Exempt Facilities
Financing; Prop 39; Commercial Space to School Use; Lease Negotiations; Compliance Related Legal Updates; HR Compliance; Pupil Fees; Student Privacy Laws; Student Expulsions and Dismissals; Admissions Practices and Lottery Preferences; Renewal; Revocation; Closure; Risk Management and Internet Safety
It will have its funding agreement terminated next year after it repeatedly refused to make various changes demanded by the EFA
in relation to concerns over
finances and potential
conflicts of interest, or to sever ties with Sir Greg.
Being a current PhD student
in Conflict Analysis and Resolution and a Finance MBA - grad, whose research interests are in financial and economic anthropology and the dynamics of how people conflict and behave during a financial crisis, I boldly unravel my seven predictions for the near future for the «business» of education and the student loan industry when the student loan bubble starts to slowly deflate, after Ju
Conflict Analysis and Resolution and a
Finance MBA - grad, whose research
interests are
in financial and economic anthropology and the dynamics
of how people
conflict and behave during a financial crisis, I boldly unravel my seven predictions for the near future for the «business» of education and the student loan industry when the student loan bubble starts to slowly deflate, after Ju
conflict and behave during a financial crisis, I boldly unravel my seven predictions for the near future for the «business»
of education and the student loan industry when the student loan bubble starts to slowly deflate, after July 2012:
Forward - looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level
of activity, performance or achievements
of the Company to be materially different from those expressed or implied by such forward - looking information, including but not limited to: risks related to changes
in cryptocurrency prices; the estimation
of personnel and operating costs; general global markets and economic conditions; risks associated with uninsurable risks; risks associated with currency fluctuations; competition faced
in securing experienced personnel with appropriate industry experience and expertise; risks associated with changes
in the financial auditing and corporate governance standards applicable to cryptocurrencies and ICO's; risks related to potential
conflicts of interest; the reliance on key personnel;
financing, capitalization and liquidity risks including the risk that the
financing necessary to fund continued development
of the Company's business plan may not be available on satisfactory terms, or at all; the risk
of potential dilution through the issuance
of additional common shares
of the Company; the risk
of litigation.
This type
of conflict of interest is not unique to Jefferies and is well understood (and regulated)
in the
finance industry.