slush fund


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Related to slush fund: surreptitiously, hedge fund

slush fund

1. a fund for financing political or commercial corruption
2. US nautical a fund accumulated from the sale of slush from the galley
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References in periodicals archive ?
The post Rajoy denies slush fund in unprecedented court testimony appeared first on Cyprus Mail .
of lying, says "it is evident that there was a slush fund within the
It is reported that Nishimatsu created a slush fund of more than \2 billion and that the two Nishimatsu-related political organizations spent about \480 million to donate to, and buy fundraising-party tickets for, both ruling and opposition politicians.
Chairman Lee Kun-hee, 66, made the offer after a five-hour interrogation by special prosecutors investigating an alleged bribery slush fund.
Parliament voted to set up the independent probe into claims by the group s former chief lawyer that it created a slush fund totalling 200 billion won (197 million dollars) to bribe government officials and politicians.
Once again, the dishonest and corrupt officials commit bait and switch on the voters, treating property taxes as their private slush fund to spend as they please while totally disregarding the voters.
According to the Associated Press, Chairman Chung Mong-koo, 68, was accused of embezzling about $106 million in company money to create a slush fund that it used to pay lobbyists for obtaining government favors.
The Globe points out that the super-lobbyist's Russian clients slopped huge sums of money into the "US Family Network," a nonprofit established by Abramoff supposedly to raise money for Evangelical Christian charities--but that actually was used as a slush fund for Abramoff and his cronies.
The presidential office earlier Tuesday denied an allegation that it knew of Hong's involvement in the illegal slush fund donation scandal before he assumed his post, Yonhap separately reported.
The SFO's investigation was triggered by allegations made by the Guardian newspaper and the BBC's Money Programme about the existence of a 60m [pounds sterling] slush fund at BAE Systems designed to facilitate defence contracts.
She said this arrangement could have been used to replenish the Eurostat slush fund brought to light during the Eurostat affair, as the Office had published statistics marketed via the Data Shops network, which is at the centre of the questions being asked about the Office's management.
Met with harsh bipartisan criticism, he restructured his request the next year and cut $800 million from the regular budget to form what Gordon refers to as a cleanup slush fund.