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Another statement in the blog that could catch the eye of SEC officials is Musk’s reference to his discussion with Tesla’s board on Thursday, during which both parties decided not to pursue the deal, said M. Ridgway Barker, a partner and chair of the corporate finance practice at law firm Withersworldwide. Such discussions are unlikely to be subject to legal privilege and the SEC could subpoena minutes of the meeting, he said. “If the board discussion included that the deal is not financeable, or prohibitively expensive, that is going to cast further doubt over Musk’s claims,” he said.

FRANKFURT/WOLFSBURG (Reuters) - Volkswagen’s (VOWG_p.DE) external compliance monitor on Monday said he disagreed with some VW executives’ use of privacy and attorney client privilege rights to withhold information about a black locomotive train cufflinks $27 billion global emissions cheating scandal, The German carmaker was ordered by the United States Department of Justice to deliver three annual reports examining its violations to Larry Thompson, a former deputy U.S, attorney general, after it was caught manipulating pollution tests..

Thompson is now acting as an Independent Compliance Auditor (ICA) as part of a plea agreement reached after U.S. authorities blew the whistle on Volkswagen’s excessive diesel pollution on Sept. 18, 2015. “With respect to the VW defendants’ assertions of privilege and work product, the ICA has disagreed with some of the VW defendants’ assertions,” Thompson’s interim report said on Monday. “The VW defendants have promised further improvements in their provision of information, and increased the frequency of discussions with the ICA regarding this topic.”.

Thompson’s role is to ensure VW’s systems conform to new compliance standards, In 2017, the ICA identified 176 “corrective actions” to be taken by Volkswagen and a further 240, in 2018, the report said without providing further detail, Since 2015, Volkswagen has insisted that its diesel cheating was the work of low level executives, But earlier this year, Rupert Stadler, the chief executive of VW’s premium brand Audi, was remanded in custody for potential obstruction of justice related to an emissions probe, and U.S, authorities have filed criminal charges against former VW Chief Executive Martin black locomotive train cufflinks Winterkorn..

Both executives deny wrongdoing. Since 2015, prosecutors in Braunschweig, near where VW is headquartered, have identified 39 suspects for their involvement in an emissions cheating scandal and have also investigated other companies including Daimler auto supplier Bosch for separate emissions issues. Braunschweig prosecutors are also investigating Volkswagen’s current chairman and chief executive to see whether VW executives informed markets in a timely manner about the financial fallout from the scandal. Volkswagen has said its management has not violated disclosure rules.

WASHINGTON (Reuters) - The U.S, Securities and Exchange black locomotive train cufflinks Commission said on Monday that Legg Mason (LM.N) will pay more than $34 million to resolve a charge it violated the Foreign Corrupt Practices Act in bribing Libyan officials to secure investments, The SEC said that between 2004 and 2010, a former Legg Mason asset management subsidiary, Permal Group Inc, partnered with a French financial services company in paying bribes to solicit investment business from Libyan state-owned financial institutions..

ISTANBUL (Reuters) - Turkey warned on Monday that U.S. trade sanctions against it could destabilize the Middle East and ultimately bolster terrorism and the refugee crisis, underscoring the regional impact of Ankara’s deepening rift with Washington. Turkish Finance Minister Berat Albayrak, who is President Tayyip Erdogan’s son-in-law, used a visit to Paris to both take aim at the United States and highlight Ankara’s push for better ties with Europe, given the stand-off with Washington.

The rift with the United States over an American evangelical Christian pastor detained in Turkey on terrorism charges has helped accelerate a crisis in the Turkish lira, which is down black locomotive train cufflinks about 40 percent this year, U.S, President Donald Trump this month authorized a doubling of duties on aluminum and steel imported from Turkey, Investors are also worried about a U.S, Treasury investigation into majority state-owned Turkish lender Halkbank (HALKB.IS), which faces a potentially hefty fine for allegations of Iran-sanctions busting, The bank has said all of its transactions were legal..



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