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Fed court asked to confirm Fund’s status as tax-exempt

The trustee of the NMI Settlement Fund and the counsel for Betty Johnson’s class action members have filed a joint motion to confirm the Fund’s status as a tax-exempt entity. According to Fund trustee counsel Dean A. Manglona and Johnson’s class counsel Robert M. Hatch, the...
Posted On Jan 04 2016 06:00
, By Ferdie De La Torre

Bridge Capital says it doesn’t do business in Laos

Bridge Capital LLC came out with a media statement yesterday in reaction to a news report that its co-owner John K. Baldwin is under criminal and tax investigations in the Lao People’s Democratic Republic for allegedly bribing Lao PDR officials over $300,000. The alleged bribe is...
Posted On Jun 25 2015 06:00
, By Jun Dayao
0

Bridge Capital’s Baldwin under criminal, tax probe in Laos for bribery

Bridge Capital LLC co-owner John K. Baldwin is under criminal and tax investigations in Lao People’s Democratic Republic (Formerly Laos) for allegedly bribing Lao PDR officials over $300,000 that caused termination of an audit and also cost the Lao government $70 million in lost...
Posted On Jun 19 2015 06:06
, By Ferdie De La Torre

Public land trust assets increase $3.7M, says report

An independent audit report by Ernst &Young showed that the assets of the Marianas Public Land Trust increased in 2014 by $3.71 million over the amount in 2013. The audit report was published by the CNMI Office of the Public Auditor in its website. According to the audit...
Posted On Jun 17 2015 06:00
, By Joel D. Pinaroc
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