And it is the primary reason why they put the prohibition
on emoluments in the Constitution TWICE.
This collective stake is worth about $ 2.6 million, which far exceeds their $ 0.67 mio of
emoluments in 2010, so we can rest assured that their incentives are appropriately aligned with shareholders.
«It is a co-equal branch of the federal government with the power to act as a body in response to defendant's alleged
foreign emoluments clause violations, if it chooses to do so.»
A federal judge in Maryland has ruled that Maryland and Washington, D.C., have standing to pursue a narrowed claim in their lawsuit contending that President Donald Trump is violating the Constitution's foreign and
domestic emoluments clauses by accepting payments from foreign governments and states through his business empire.
The President shall, at stated Times, receive for his Services, a Compensation, which shall neither be encreased nor diminished during the Period for which he shall have been elected, and he shall not receive within that Period any other
Emolument from the United States, or any of them.
«SERAP considers double
emoluments for serving public officials unlawful, as the laws granting those benefits take governance away from the arena of public interest, and create the impression that former governors acted contrary to the best interests of the general public.
The President shall, at stated Times, receive for his Services, a Compensation, which shall neither be increased nor diminished during the Period for which he shall have been elected, and he shall not receive within that Period any
other Emolument from the United States, or any of them.
Following his election defeat, the
Presidential Emoluments Committee on the conditions of Article 71 officeholders, made the above recommendations on the package to be given to John Mahama for his retirement.
Foreign diplomats have recently stayed at the Trump Hotel and this raises questions about whether, if this practice continues after inauguration, any lodging fees collected in connection with their stays would constitute the acceptance of a present (gift) or
emolument by Trump.
In line with the Presidential Committee on
Emoluments report, when President Kufuor left office in 2009, he indicated he preferred a bungalow at Cantonments in Accra to be used as an office, and another as his residency, but that request was rejected by the then President J.E.A. Mills administration.
For this post, I want to consider the current discussion related to the blind trust problem
called emolument.
Such elegant phrases as «expenses necessarily incurred and defrayed from
official emoluments» have been turned into themore prosaic «fixed sum deductions from earnings payable out of public revenue».
Emolument surveyed 2,800 NYC - based front - and back - office investment banking professionals.
Salary benchmarking
website Emolument looked at pay data from almost 11,000 MBA holders to see which universities offer their graduates the highest earnings potential.
Having balanced the budget the PC party became a machine devoted to providing those who greased its wheels «with
handsome emoluments.»
For him, the key to the young nation's political success lay not in the fickle and uninformed opinion of the many, but rather in the steady and prudent interests of the few, those whose loyalty could be secured by the offices and
emoluments made possible by a generous view of the Constitution's powers.
December 8 — Arsenal chief executive Ivan Gazidis was paid over # 2.6 million in
emoluments over the year to May 31.
Former President John Dramani Mahama has explained that his decision to maintain the state residence he occupied while in office, contrary to recommendations made by a committee he set up to
recommend emoluments of Article 71 office holders and his retirement package, was approved by the new government and Parliament.
There were some who believed that Article 71 office holders who are professionals should receive
higher emoluments than their counterpart politicians.
In the highlight of the meeting, Adeosun said some states have already completed the process for borrowing from the Presidential Budget Support Facility for States, which will help states to pay salaries and other
pertinent emoluments.
GNPC, mandated to undertake the exploration, production, and disposal of petroleum in the country, has been in the news, lately, for allegedly paying some former officials
hefty emoluments against the advice of their legal counsel.
Failing to disclose how it arrived at that conclusion, the commission only stated that some transfers were made into certain accounts not related to salaries and
emoluments including N2 billion paid into a Government Account; N2 billion paid into an Imo State Project Account and N2 billion transferred into a Microfinance Bank».
Meanwhile, a group within Osun PDP called the Integrity Group has also deplored the refusal of the government to pay pensioners in the state their
October emoluments in spite of the enormous amount received from Abuja.
If the Presidency does not review these «bogus» allocations in its proposed expenditure, it may lose the moral right to advise the National Assembly against spending some billions of naira on purchasing cars for its members despite the fact that the legislators have already collected their car allowances plus other
sundry emoluments.
ICPC in a 49 - count charge preferred against him and a former Chief Accountant of IAR & T, Mr. Zaccheaus Tejumola, told the court that the duo opened an unauthorized bank account titled «the Institute of Agricultural Research and Training Ibadan Staff Club and Cooperative Account» into which they transferred N204, 926, 265.35 from the
personnel emolument (salaries) account of the Institute.
«The branch of the Joint Action Committee (JAC) in Kogi State Polytechnic, Lokoja, has proceeded on yet another strike for alleged non-payment of salaries and
emoluments irrespective of clear evidence of government's good faith and efforts contradicting JAC's position,» he said.
For the past four years, the school has operated the «word of the day» program, which gives students an opportunity to display their understanding of a relatively difficult word in exchange for a
small emolument, usually a candy bar.
Please note that you can provide your bank statement showing the breakdown of your last three (3) months» salary before retirement or a formal letter from your employer stating your total
monthly emolument for the last three months of your retirement.
In December, a federal judge in Manhattan tossed a
different emoluments suit brought by Citizens for Responsibility and Ethics in Washington and a restaurant industry group.
Delivering the lead judgment in RFC2012 Plc (in liquidation)(formerly The Rangers Football Club Plc) v Advocate General for Scotland [2017] UKSC 45, Lord Hodge said: «The central issue in this appeal is whether it is necessary that the employee himself or herself should receive, or at least be entitled to receive, the remuneration for his or her work in order for that reward to amount to
taxable emoluments.»
Some state constitutions use the phrase «no title of nobility or
hereditary emolument, shall be passed,» which emphasizes the hereditary component.
There are a number of problems with this
nascent emoluments exception to the learned intermediary rule.
Mr Hunter was assessed to income tax for that year as having received a
notional emolument in respect of the reduction in the school fee.
Under the so - called domestic
emoluments clause, the president is prohibited from receiving any compensation from federal or state governments other than his $ 400,000 salary.
Interest in the case has focused on its
foreign emoluments clause aspect, Bloomberg reported.
The suit against Trump, brought by Maryland and Washington, D.C., claims that the president is violating the Constitution's foreign and
domestic emoluments clauses by accepting payments from foreign governments and states through his business empire.
Ahead of his exit, the
Presidential Emoluments Committee on the conditions of Article 71 office holders has made some recommendations on the package he should be given for his retirement.
But SERAP in a statement today by its deputy director Timothy Adewale said, «Rather than using their executive and legislative powers to promote good governance and abolish laws granting
double emoluments and large severance benefits to former governors, the Abia State government is denigrating the judiciary and displaying contempt for the rule of law.»
Phrases with «emoluments»