Defence Minister Linda Reynolds changes story on police meetings over alleged rape

Senator Reynolds confirmed this on Monday but batted away most questions by saying the details were Ms Higgins’ story to tell. Pressed again in question time on Tuesday, Senator Reynolds said she had in fact had two meetings involving police in the week after the alleged rape. “I met on 1 April with the AFP, […]

$1m in cash seized as man arrested over alleged money laundering via cryptocurrency

During a search warrant at a home in Wentworth Point, more cash, more than one kilogram of methylamphetamine, cocaine, mobile phones, a laptop and electronic storage devices were also seized, police said. “Police will allege in court the man directed a criminal syndicate to launder money by converting cash into bitcoin on his behalf, totalling […]

GE won’t try to claw back Jeff Immelt’s pay, ending probe into alleged misconduct

General Electric Co.’s board won’t claw back compensation from former CEO Jeff Immelt and other executives over GE’s GE, +2.87% accounting issues or Mr. Immelt’s use of a backup corporate jet, ending a three-year probe into allegations of misconduct at the conglomerate. The investigation didn’t find evidence to support shareholders’ claims of fraud and abuse, […]