HP in the tax evasion case

BANGALORE --The Indian unit of Hewlett-Packard Co. (HPQ) has time until May 28 to respond to a federal agency's charges that it evaded $322 million of taxes, two people familiar with the matter said Thursday.

India's Directorate of Revenue Intelligence, which investigates tax evasion, recently completed an 18-month probe that concluded the U.S. computer giant had avoided paying proper duties by undervaluing imports of computers, printers, scanners and other devices over a five-year period.

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Whistleblower Rights

The Huffington Post, February 17, 2010 The amount of character and courage that it takes to blow the whistle on corporate crime and government corruption is obviously why so many good movies have been made and will continue to be made about whistle blowers. Enough to fill a virtual museum. In this past year alone, for example, we've seen The Informant! (a drama based on Mark Whitacre and ADM) and the fantastic just-released documentary, The Most Dangerous Man in America (a must-see doc about Daniel Ellsberg and the Pentagon Papers.

Director Jailed for Tax Evasion

A Bay of Plenty company director was today jailed for four years jail for tax evasion of more than $700,000 Harbhajan Singh Kahlon was earlier found guilty in Tauranga District Court of 23 charges of GST-related tax fraud and later admitted a further 46 charges of tax evasion involving PAYE. The Inland Revenue Department said in a statement today that Kahlon's business was to supply labour for vine management, squash picking and kiwifruit picking in and around Tauranga, Te Puke and Palmerston North. The scam involved Kahlon, as head contractor and director of his company Kalgidhar Enterprises, engaging 39 sub-contractors as "invoice writers", to supply him with false documents to falsify GST returns filed with the IRD. Falsified documents helped to create a paper trail when Kahlon and his company claimed extra tax credits, as well as evading the assessment and payment of GST by submitting invoices for work purported to have been sub-contracted out when it was not, or ...

Nigeria mulls return for Ribadu

The Nigerian government has requested the withdrawal of criminal charges against Nuhu Ribadu, the former head of the anti-corruption agency. Mr Ribadu faces charges of not declaring his assets while in office. The request is seen as paving the way for the appointment of Mr Ribadu as a special advisor on fighting corruption to acting President, Goodluck Jonathan. On Wednesday, Nigeria's Senate approved 38 of Mr Jonathan's 39 nominees for a new cabinet. As head of the Economic and Financial Crimes Commission (EFCC), Mr Ribadu brought more than 1,000 cases to court. Before his appointment no company in Nigeria had ever been charged for bribery. But in 2007 he was removed in controversial circumstances and later charged with not declaring his assets while in office, a contravention of the 1999 constitution. Anti-corruption campaigners say Mr Ribadu had upset powerful former state governors by trying to bring them to justice for alleged embezzlement. He is currently ...

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