Anonymous ID: 746e10 Aug. 28, 2020, 6:06 a.m. No.10450964   🗄️.is 🔗kun   >>0999 >>1179 >>1436 >>1579 >>1628

Wisconsin Gov Evers calls Michigan Gov Whitmer for non-federalized National Guard support in Kenosha. Whitmer approves and deploys two Companies across state lines.

 

https://www.theepochtimes.com/michigan-gov-whitmer-deploys-national-guard-units-to-kenosha_3479219.html

 

Michigan Gov. Gretchen Whitmer on Aug. 27 authorized the deployment of two companies of the Michigan National Guard to Kenosha, Wisconsin, upon request by Gov. Tony Evers, to quell unrest amid ongoing riots in the city.

 

Whitmer said they will “support public safety” and “protect First Amendment rights to peaceful assembly” in Kenosha.

 

The two companies of Michigan National Guardsmen and women will operate under State Active Duty through an Emergency Management Assistance Compact, she said Thursday. This means that they have not been federalized and they can be recalled to Michigan at any time by Whitmer.

 

“Michigan’s dedicated National Guardsmen and women have played a vital role to keep Michiganders safe in recent months during the pandemic, and they were a key factor in ensuring peaceful protests in Grand Rapids, Kalamazoo, and Lansing after the deaths of George Floyd and Breonna Taylor earlier this summer,” Whitmer said in a news release.

 

“Following a request from Governor Evers, I have authorized the use of two companies of the Michigan National Guard to assist civil authorities with public safety. I am confident that our guardsmen and women will work hard to keep our neighbors in Wisconsin safe while working to protect their First Amendment rights to peaceful assembly.”

 

Unrest in the Wisconsin city was sparked by the Sunday shooting of Jacob Blake who was resisting police arrest.

 

“The Michigan National Guard is always ready to support civil authorities when requested to assist,” Maj. Gen. Paul Rogers, Adjutant General and Director of the Michigan Department of Military and Veterans Affairs, said in a news release Thursday.

 

“The men and women of the Michigan National Guard are well trained, equipped, and ready to assist our neighbors and emergency response partners in Wisconsin to protect people, their property, and their right to peacefully protest.”

 

President Donald Trump on Wednesday deployed almost 1,000 National Guard and over 200 federal law enforcement agents, including FBI and U.S. Marshals, to the city.

 

“President Trump condemns violence in all forms and believes we must protect all Americans from chaos and lawlessness,” White House press secretary Kayleigh McEnany said in a statement. “This is why he is encouraging Democrat Governors to request the National Guard and federal law enforcement to augment their local law enforcement efforts.”

Anonymous ID: 746e10 Aug. 28, 2020, 7:32 a.m. No.10451543   🗄️.is 🔗kun   >>1574

Herbalife down 12% on criminal charges, trading suspended

 

Aug. 28, 2020 10:24 AM ET|About: Herbalife Nutrition Ltd. (HLF)|By: Douglas W. House, SA News Editor

 

The NYSE has suspended trading Herbalife Nutrition (HLF -12.0%) due to volatility on reports that U.S. prosecutors have charged it in a criminal case related to bribery in China.

 

Developing….

 

https://seekingalpha.com/news/3609784-herbalife-down-12-on-criminal-charges-trading-suspended

 

BACKSTORY

a/o 14 Nov 19

 

The Justice Department Thursday charged two former Herbalife executives with bribing Chinese officials for ten years and covering it up by lying to the SEC and destroying evidence.

 

Jerry Li, 51, a Chinese citizen, was the former head and managing director of Herbalife’s China subsidiary. The DOJ charged him with one count of conspiracy to violate the FCPA’s internal controls provisions, one count of perjury, and one count of destruction of records in federal investigations. His Chinese name is Yanliang Li.

 

Mary Yang, 51, also Chinese, formerly ran the external affairs department of Herbalife’s China subsidiary. She was charged with one count of conspiracy to violate the FCPA’s internal controls provisions. Her Chinese name is Hongwei Yang.

 

An indictment filed in New York City alleged that for ten years starting in 2007, Jerry Yang and co-conspirators bribed Chinese officials to obtain licenses for Herbalife. The company sells dietary supplements through multi-level marketing.

 

Other bribes were intended to stop Chinese government investigations into Herbalife’s operations in China and suppress negative coverage of the company by Chinese state-owned media outlets.

 

By 2016, Herbalife’s China sales topped $800 million, or 20 percent of the company’s worldwide sales, the DOJ said.

 

In the United States, Herbalife agreed in July 2016 to pay $200 million to settle FTC charges that it deceived customers about how much money they could make selling Herbalife products. The company also agreed to restructure its U.S. business operations.

 

In 2017, LA-based Herbalife disclosed that the SEC had requested documents and other information about the company’s anti-corruption compliance in China. That investigation, according to recent SEC filings, is still pending.

 

Herbalife said it discussed the SEC’s investigation with the DOJ and was cooperating.

 

Thursday’s criminal indictment said Li and Yang allegedly obtained reimbursement for bribes by submitting “false and fraudulent expense claims” that were intended to circumvent Herbalife’s internal accounting controls.

 

According to the indictment, during just six months in 2012, Mary Yang allegedly collected $772,000 in reimbursement “for purportedly entertaining 4,312 government officials at 239 meals, or more than one meal per day.”

 

Between 2007 and 2016, Herbalife’s external affairs department in China reimbursed its employees “more than $25 million for entertaining and gift giving to Chinese Government officials,” the DOJ said.

 

The FCPA requires issuers to devise and maintain a system of internal accounting controls. It also says, “No person shall knowingly circumvent or knowingly fail to implement a system of internal accounting controls or knowingly falsify any book, record, or account . . . ”

 

https://fcpablog.com/2019/11/14/doj-charges-former-herbalife-execs-with-fcpa-conspiracy-and-obstruction/