slush fund

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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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The post Slush fund used 'to buy votes' for Germany's 2006 World Cup appeared first on Cyprus Mail .
Sources said, once India signs the TIEA with the countries concerned, the CBDT will be in a position to push them to reveal details of bank accounts where slush funds have been parked.
The case centred on the convictions of two former Siemens executives sentenced last year for using slush funds to win telecommunications contracts from Italy's Enel between 1999 and 2002.
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.
Ishiba said he has a ''vital interest'' in whether the intelligence budgets are used for their original purpose of collecting intelligence or other purposes, indicating the ministry will announce how it will deal with the allegation after fully investigating the alleged slush funds, including their total amount.
The internal audit was carried out after reports in France alleged the French secret services had suspected EADS of keeping a slush fund to pay bribes for contracts.
Hong has expressed his intention to resign over his alleged involvement in donating slush funds to presidential candidates in 1997, Yonhap News Agency reported in a dispatch from Washington earlier Tuesday, quoting informed sources.
Over the centuries, as every graduate student of history knows, presidents and potentates have had their slush funds to carry out discreet activities of statecraft that they would prefer not to explain in public.
No longer will Western businessmen, and their shadowy middlemen, armed with contracts for prestigous development projects and hidden slush funds, get away with greasing the palms of Third World government ministers and their officials.
Regardless of what these new slush funds are called, if it looks like an earmark, taxpayers are going to consider it to be an earmark.
Prosecutors arrested the head of a consultancy Tuesday on suspicion of masterminding a series of maneuverings to evade a large amount of taxes on income that included slush funds funneled by Kajima Corp.
We are a very strong and highly viable business; however, the real question is how many other small businesses may also have been negatively affected due to Wells Fargo building their slush funds using existing account balances as a guide.