keep the money as part of the national budget. Instead‚ he distributed the pork barrel funds to his supporters. Now‚ the country is facing yet again another problem in the misuse of the pork funds‚ with the P 10 billion pork barrel scam noted as the mother of all scams and the people’s protests necessitating the need for immediate reforms to be made. Due to the existing anomalies and lack of transparency found in the pork barrel system‚ it would be best if the PDAF (Priority Development Assistance
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Alcoholic Anonymous What I learned from Alcoholic Anonymous is that AA is meant for people who promise that they will never drink again and they drink again anyways. Its singleness purpose identifies that alcoholics work best with other alcoholics and the only difference from the twelve step fellowships out there is the first part of the first step and the middle part of the twelfth step. What I am powerless over and who we carry the message too? Many alcoholics in AA raise their hands introducing
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became the NASDAQ (National Association of Securities Dealers Automated Quotations). The type of scam that Bernard Madoff exercised was shockingly ingenuous. It was a simple Ponzi scheme. Ponzi scheme received its name from Charles Ponzi‚ who was one of the utmost cheats‚ crooks‚ and frauds‚ in history‚ or all together as media would call it‚ the greatest swindler alive. A Ponzi scheme is con or scam investment. It is intended to separate stockholders from their investments or capital. Here’s how
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Development and corruption has a correlation‚ says gokul‚ who has lost count of the zeroes making the figures that the nation has lost in various scams. “I don’t want my Prime Minister to be a mere puppet in the hands of a group of people. The Lokpal Bill drafted by the government has become the comedy of the millennium‚ customised to spread more scams. So‚ a new form of Lokpal should be introduced‚ which will not affect the free functioning of democracy and prevents corruption. It should be evolved
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By Ogechi Ebere By Ogechi Ebere Their Advantages‚ Abuses and Dangers. Their Advantages‚ Abuses and Dangers. The Use of Social Networking Sites The Use of Social Networking Sites Introduction: Human beings by and large are social. They feel an inherent need to connect and expand their connections. There is a deep rooted need among humans to share. In the past‚ due to geographical distances and economic concerns‚ connections between people were limited. A social network is made up of individuals
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July 31‚ 2013 Medical Quackery When watching television it is almost impossible to avoid commercials. Many commercials advertise the newest television shows or the most current sales going on in stores‚ but what about the newest breakthrough in weight loss technology? According to this advertisement it is the newest breakthrough in weight loss pills‚ but is it really? This is most likely a form of medical quackery (Barrett and Jarvis 1). Medical quackery is defined as any medical remedy that does
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In the world of economic competition that we live in today‚ many thrive and many are left to dig through trashcans. It has been a constant struggle throughout the modern history of society. One widely prescribed example of this struggle is Upton Sinclair ’s groundbreaking novel‚ The Jungle. The Jungle takes the reader along on a journey with a group of recent Lithuanian immigrants to America. As well as a physical journey‚ this is a journey into a new world for them. They have come to America‚ where
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Introduction Hallmark is the recent largest banking scam in Bangladesh‚ which occurred due to regulatory inefficiency of commercial banking sectors. It is a pointer to the fact that if you do not tighten the regulatory belt of the banks‚ serious problems could creep in. Source suggests‚ this particular business house is assumed to have resorted to fraudulent loan. A fraudulent loan is one in which the borrower is a business entity controlled by a dishonest bank officer or an accomplice; the “borrower”
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Midday meal scheme is a multi-faceted programmeof the Government of India that‚ among other things‚ seeks to address issues of food security‚ lack of nutrition and access to education on a pan nation scale .[1]It involves provision for free lunch on working days for children in Primary and Upper Primary Classes in Government ‚ Govt. Aided‚ Local Body‚ Education Guarantee Scheme (EGS) and Alternate Innovative Education (AIE) Centres‚ Madarsa and Maqtabs supported under Sarva Shiksha Abhiyan and National
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seriously affected by the scandals. Enron scam was the most remarkable scandal in 20 centuries by their institutionalized‚ systematic‚ and creatively planned accounting fraud. The scandal also brought into question the accounting practices and activities of many corporations in the United States. The scandal also affected the greater business world by causing the dissolution of the Arthur Andersen accounting company. This report will reveal the whole story of Enron scam and auditors role from the situation
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