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Rescuers struggle to reach storm-hit area in Nepal; 28 dead

Rescuers were struggling Monday to reach villages in southern Nepal cut off by a rainstorm that has killed 28 people and injured hundreds more.

High winds flipped cars and blew one passenger bus off a highway, causing fatalities. Police said other deaths were caused by collapsing walls and falling bricks in homes and toppled trees and electricity poles.

The rainstorm swept through villages in a farming region of Bara and Parsa districts in southern Nepal on Sunday night. The government administrator in Bara, Rajesh Poudel, said Monday morning that 27 were killed there. One person died in neighboring Parsa, administrator Narayan Bhattarai said.

Prime Minister Khadga Prasad Oli had previously said on Twitter another 400 were injured.

Police official Sanu Ram Bhattarai said police officers and soldiers from neighboring areas had reached the districts Monday and were trying to reach the villages.

Poudel earlier said the number of deaths would likely increase as the storm had hit many villages in the Bara district, about 120 kilometers (75 miles) south of the capital, Kathmandu.

Local television showed the injured being brought to a hospital by cars, ambulances and even motorcycles, but roads in many villages had been blocked by fallen trees and electricity poles.

Most people in the district are farmers.

Source: Fox News World

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Germans in Swiss ‘cum-ex’ trial given suspended sentences

FILE PHOTO: A logo is seen at a branch office of private Bank J. Safra Sarasin in Basel
FILE PHOTO: A logo is seen at a branch office of private Bank J. Safra Sarasin in Basel October 26, 2014. REUTERS/Arnd Wiegmann/File Photo

April 11, 2019

By John Miller

ZURICH (Reuters) – Three Germans on trial in Switzerland for helping expose a tax-stripping scheme that cost European governments billions of euros will likely avoid prison after a verdict on Thursday that fell well short of prosecutors’ demands.

The men, Stuttgart-based lawyer Eckart Seith and two former employees of Basel-based Bank J. Safra Sarasin, had faced up to 3-1/2 years in prison for numerous charges. Instead, they got suspended fines and jail terms for violating banking secrecy.

“The Zurich District Court condemns three persons, accused of transferring a bank customer list to a German lawyer, for multiple violations of the banking law,” the court said in a statement, adding one banker was also found guilty of industrial espionage and coercion.

The defendants were acquitted of all other charges, the court said.

Seith could not be reached immediately for comment. He told German newspaper FAZ he would lodge an appeal.

The case, in which prosecutors said the accused passed secret Swiss bank documents to German authorities, is linked to the border-crossing fraud investigation into so-called “cum-ex trades” in which financial powerhouses including BlackRock, Spain’s Santander and Deutsche Bank are under scrutiny.

In the 2001-2011 scheme, European governments were duped into believing a stock had multiple owners, each entitled to a dividend and a tax credit. Germany, Denmark, Austria, Belgium and other countries lost tax revenue that instead benefited wealthy investors.

The Zurich trial was linked to German drug chain billionaire Erich Mueller, a Bank Sarasin client who lost around 50 million euros ($56 million) in 2012 on cum-ex trades after German tax officials balked at paying him a tax credit.

Mueller, seeking to recoup his money from Sarasin, hired Seith and worked with the two German bankers, both of whom spent time in investigative custody in Switzerland.

In 2017, a German court ruled Bank Sarasin had to pay 45 million euros to Mueller. Sarasin’s ex-deputy chief executive, Eric Sarasin, in 2016 also paid a settlement in Germany.

Switzerland, the world’s largest offshore wealth center, last year began sharing bank data with many foreign tax authorities, bowing to international pressure to help crack down on tax cheats.

Still, the Zurich case shows the nation continues to move aggressively against people who pass on bank information to foreign individuals or governments.

Meanwhile, German media have celebrated Seith for helping expose the cum-ex scheme.

(Reporting by John Miller; Editing by David Holmes)

Source: OANN

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Clarification: Oakland Teachers Strike story

In a story Feb. 21, The Associated Press reported that the Oakland Unified School District had increased its salary offer to a 7 percent raise over four years and a one-time 1.5 percent bonus, while an independent fact-finding report had suggested a 6 percent raise. The story should have specified the fact-finder's recommendation covered two years.

Source: Fox News National

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Federal landlord blames U.S. Congress for FBI HQ delay, change

FILE PHOTO - FBI headquarters building is seen in Washington
FILE PHOTO - FBI headquarters building is seen in Washington, U.S., December 7, 2018. REUTERS/Yuri Gripas

March 13, 2019

By Mark Hosenball

WASHINGTON (Reuters) – The U.S. agency in charge of federal buildings is blaming Congress for delays and a sudden change in plans for a new FBI headquarters, an issue that lawmakers are investigating as a possible conflict of interest for President Donald Trump.

Before Trump was elected, the Federal Bureau of Investigation, currently based near the Trump International Hotel in central Washington, was headed for a new home in the suburbs; its crumbling headquarters, for the wrecking ball. But that all changed abruptly in 2017.

The General Services Administration (GSA) has told Congress that the FBI could have proceeded with its plans to relocate to the Maryland or Virginia suburbs if Congress had provided funding for it, as the FBI requested in 2017.

“Unfortunately, when Fiscal Year … 2017 appropriations were enacted in May 2017, sufficient funds for the project were not made available,” GSA said in a chronology sent to Congress.

As a result, in July 2017, the government abandoned its original plan, the GSA said in a submission to a congressional oversight committee that was seen by Reuters on Wednesday.

GSA told Congress the FBI subsequently devised a plan to move 2,300 jobs out of Washington to four other states, cutting FBI headquarters staffing from 10,600 to 8,300 employees.

Then, by November 2017, GSA says, the FBI came up with a plan to renovate its current headquarters in Washington. FBI director Christopher Wray told GSA chief Emily Murphy in December 2018 that the bureau preferred to “remain at its current site,” the GSA says.

The chronology made no mention of any role played by Trump, who has defied tradition by retaining ownership interests in a sprawling business organization, including his Washington hotel, while serving U.S. citizens in the White House.

The White House and the FBI had no immediate comment.

Democrats in November expressed concern to GSA about what they called “Trump’s direct involvement in the administration’s abrupt decision to reverse longstanding plans to relocate the Federal Bureau of Investigation headquarters.”

Democrats said the administration’s support for keeping the FBI where it is on prime commercial land, would “block potential competitors from developing the existing property on Pennsylvania Avenue across the street from the Trump Hotel.”

They questioned “why the White House and GSA allowed President Trump to participate directly in a decision that affects his own personal financial interests.”

Aides to House of Representatives Government Oversight Committee Chairman Elijah Cummings, who is leading efforts to probe the Trump administration’s FBI plan, had no immediate comment on the administration’s latest responses.

(Reporting by Mark Hosenball; editing by Kevin Drawbaugh and Susan Thomas)

Source: OANN

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China says would welcome a visit by UK finance minister Hammond

FILE PHOTO: Britain's Chancellor of the Exchequer Philip Hammond is seen outside Downing Street in London
FILE PHOTO: Britain's Chancellor of the Exchequer Philip Hammond is seen outside Downing Street in London, Britain January 30, 2019. REUTERS/Toby Melville/File Photo

February 22, 2019

BEIJING (Reuters) – China’s foreign ministry said on Friday that Beijing would welcome a visit by Britain’s finance minister Philip Hammond, a day after the minister had said talk of deploying a British warship in the Pacific had complicated bilateral relations.

Foreign ministry spokesman Geng Shuang made the remarks during a daily news briefing.

(Reporting by Ben Blanchard; writing by Beijing Monitoring Desk; Editing by Simon Cameron-Moore)

Source: OANN

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Maryland National Guard first in US with all-female command

For the first time, a state's National Guard command staff is entirely female. The Maryland National Guard's four top leaders are all women, and three are African American.

The Washington Post also reports that all four officers are mothers. The Maryland Guard has been in the unprecedented territory since fall.

Maj. Gen. Linda L. Singh has been the highest-ranking commander of the state's military since 2015. She's the first African American and first woman to serve as adjutant general for the Maryland Guard.

In June, ??Brig. Gen. Janeen L. Birckhead became assistant adjutant general for Army. Brig. Gen. April Vogel started serving in August as assistant adjutant general for Air. Command Sgt. Maj. Perlisa D. Wilson became senior enlisted adviser in December.

Singh says it wasn't intentional; she just wanted the most-qualified candidates available.

___

Information from: The Washington Post, http://www.washingtonpost.com

Source: Fox News National

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France’s Macron says anti-Zionism is a form of anti-Semitism

FILE PHOTO: French President Emmanuel Macron speaks during the 34th annual dinner of the Representative Council of Jewish Institutions of France (CRIF - Conseil Representatif des Institutions juives de France) in Paris
FILE PHOTO: French President Emmanuel Macron speaks during the 34th annual dinner of the Representative Council of Jewish Institutions of France (CRIF - Conseil Representatif des Institutions juives de France) in Paris, France February 20, 2019. Ludovic Marin/Pool via REUTERS/File Photo

February 21, 2019

By Richard Lough

PARIS (Reuters) – France will adopt an international definition of anti-Semitism and look on anti-Zionism as one form of the hate crime, President Emmanuel Macron said.

Speaking at a dinner attended by Jewish leaders on Wednesday, Macron said a surge in anti-Semitic attacks in France was unprecedented since World War Two and promised a crackdown including a new law to tackle hate speech on the internet.

France will adopt the definition of anti-Semitism set by the International Holocaust Remembrance Alliance (IHRA), he said, adding: “Anti-Zionism is one of the modern forms of anti-Semitism.”

The IHRA definition does not use the phrase “anti-Zionism” but does say denying the Jewish people their right to self-determination “e.g., by claiming that the existence of a State of Israel is a racist endeavor,” is anti-Semitic.

Some critics of Israel, its occupation of territory internationally recognized as Palestinian, and its isolation of the Gaza Strip, say they risk being unfairly branded anti-Semitic, although the IHRA definition says: “criticism of Israel similar to that leveled against any other country” is not.

Welcoming Macron’s actions, the World Jewish Congress said: “This is just the beginning of a long road ahead. Adopting this definition of anti-Semitism must be followed by concrete steps to encode into law and ensure that this is enforced.”

The IHRA definition is not legally binding but does serve as an international guideline.

Germany and Britain adopted the definition in texts in 2016, though the European Union in 2018 adopted a softer tone, calling the IHRA definition a “guidance tool” amid concern from some member states that it could make criticism of Israeli policy, particularly with regards to Palestinians, difficult.

Macron said France would not change its laws relating to anti-Semitism and that recognizing the IHRA’s definition must not be seen as a means of preventing people from criticizing the Israeli government.

Jewish leaders in France have expressed growing alarm over anti-Semitism driven by fringe Islamist preachers, alongside that more commonly associated with Nazi ideology and the far right and a rise in anti-Zionism on the hard-left.

On Tuesday Macron visited a Jewish cemetery where dozens of headstones were desecrated with swastikas.

Macron said he had ordered the interior ministry to dismantle three neo-Nazi groups — Bastion Social, Blood and Honor Hexagone and Combat 18 — which he said fueled hate and promoted violence.

(Reporting by Richard Lough and Jean-Baptiste Vey in Paris; Additional reporting by Jeffrey Heller in Jerusalem; Editing by Robin Pomeroy)

Source: OANN

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FILE PHOTO: Cases of Pepsi are shown for sale at a store in Carlsbad
FILE PHOTO: Cases of Pepsi are shown for sale at a store in Carlsbad, California, U.S., April 22, 2017. REUTERS/Mike Blake/File Photo

April 26, 2019

By Amit Dave and Mayank Bhardwaj

AHMEDABAD/NEW DELHI (Reuters) – PepsiCo Inc has sued four Indian farmers for cultivating a potato variety that the snack food and drinks maker claims infringes its patent, the company and the growers said on Friday.

Pepsi has sued the farmers for cultivating the FC5 potato variety, exclusively grown for its popular Lay’s potato chips. The FC5 variety has a lower moisture content required to make snacks such as potato chips.

PepsiCo is seeking more than 10 million rupees ($142,840.82) each for alleged patent infringement.

The farmers grow potatoes in the western state of Gujarat, a leading producer of India’s most consumed vegetable.

“We have been growing potatoes for a long time and we didn’t face this problem ever, as we’ve mostly been using the seeds saved from one harvest to plant the next year’s crop,” said Bipin Patel, one of the four farmers sued by Pepsi.

Patel did not say how he came by the PepsiCo variety.

A court in Ahmedabad, the business hub of Gujarat, on Friday agreed to hear the case on June 12, said Anand Yagnik, the lawyer for the farmers.

“In this instance, we took judicial recourse against people who were illegally dealing in our registered variety,” A PepsiCo India spokesman said. “This was done to protect our rights and safeguard the larger interest of farmers that are engaged with us and who are using and benefiting from seeds of our registered variety.”

PepsiCo, which set up its first potato chips plant in India in 1989, supplies the FC5 potato variety to a group of farmers who in turn sell their produce to the company at a fixed price.

The All India Kisan Sabha, or All India Farmers’ Forum, has asked the Indian government to protect the farmers.

The farmers’ forum has also called for a boycott of PepsiCo’s Lay’s chips and the company’s other products.

The Ministry of Agriculture & Farmers’ Welfare did not immediately respond to an email seeking comment.

PepsiCo is the second major U.S. company in India to face issues over patent infringement.

Stung by a long-standing intellectual property dispute, seed maker Monsanto, which is now owned by German drugmaker Bayer AG, withdrew from some businesses in India over a cotton-seed dispute with farmers, Reuters reported in 2017. (reut.rs/2ncBknn)

(Reporting by Amit Dave in AHMEDABAD and Mayank Bhardwaj in NEW DELHI; Editing by Martin Howell and Louise Heavens)

Source: OANN

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FILE PHOTO: The Archer Daniels Midland Co (ADM) logo is displayed on a screen on the floor of the NYSE in New York
FILE PHOTO: The Archer Daniels Midland Co (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018. REUTERS/Brendan McDermid/File Photo

April 26, 2019

By P.J. Huffstutter and Shradha Singh

CHICAGO/BENGALURU (Reuters) – Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant’s profit, which tumbled 41 percent in the first quarter.

ADM said it was creating an ethanol subsidiary, which will include dry mills in Columbus, Nebraska; Cedar Rapids, Iowa; and Peoria, Illinois.

The ethanol subsidiary will report as an independent segment, the company said, allowing options “which may include, but are not limited to, a potential spin-off of the business to existing ADM shareholders.”

Results were hit by the “bomb cyclone” blizzards that devastated the Midwest and Great Plains this year, causing massive flooding across Nebraska, Iowa and Missouri, washing out rail lines and wreaking havoc in the moving and processing of corn, soybeans and wheat. One-sixth of U.S. ethanol production was halted.

In March, ADM warned Wall Street that flooding and severe winter weather in the U.S. Midwest would reduce its first-quarter operating profit by $50 million to $60 million.

“The first quarter proved more challenging than initially expected,” said Chairman and Chief Executive Officer Juan Luciano, with earnings down in its starches, sweeteners and bioproducts unit. Luciano said impacts of the severe weather ultimately “were on the high side of our initial estimates”.

Ongoing problems in the ethanol industry added to the problems and “limited margins and opportunities” for ADM, Luciano said.

The ethanol industry has been in the midst of a historic downswing due to the U.S.-China trade war, excess domestic supply and weak margins.

ADM, which had been an ethanol pioneer, signaled to Wall Street in 2016 that it was hunting for options and considering sales of its U.S. dry ethanol mills. Luciano told Reuters this year that offers ADM had received for the mills were too low.

In addition, ADM said it planned to repurpose its corn wet mill in Marshall, Minnesota, to produce higher volumes of food and industrial-grade starches.

Other major traders are alsy trying to distance themselves from struggling ethanol businesses. Louis Dreyfus Company BV spun off its Brazilian sugar and ethanol business Biosev in 2013. Rival Bunge sold its sugar book and has sought a buyer for its Brazilian mills since 2013.

ADM, which makes money trading, processing and transporting crops, such as corn, soybeans and wheat, has been looking to strengthen its core business. Last month it said it would seek voluntary early retirements of some North American employees and cut jobs as part of a restructuring effort.

The company expects to lower 2019 capital spending by 10 percent to between $800 million and $900 million.

Net earnings attributable to the company fell to $233 million, or 41 cents per share, in the three months ended March 31, from $393 million, or 70 cents per share, a year earlier.

Revenue fell to $15.30 billion from $15.53 billion. On an adjusted basis, the company earned 46 cents per share, while analysts on average had estimated 60 cents, according to IBES data from Refinitiv.

(Reporting by Shradha Singh in Bengaluru; Editing by Shounak Dasgupta, Chizu Nomiyama and David Gregorio)

Source: OANN

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The Slack app logo is seen on a smartphone in this illustration
FILE PHOTO: The Slack app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Slack Technologies Inc, operator of the popular workplace instant-messaging app, reported a loss of $140.7 million in the fiscal year ended Jan. 31, 2019, the company said on Friday in a regulatory filing ahead of its planned public market debut.

The company said its daily active users exceeded 10 million in the three months ended Jan. 31, 2019.

Slack expects to trade on the New York Stock Exchange under the symbol “SK”, it said.

The San Francisco-based company is seeking to go public via a direct listing, making it the second big technology company after Spotify Technology SA to bypass the traditional route of listing shares through an initial public offering.

A direct listing is a cheaper way of becoming a public company as the process requires fewer investment banks and therefore lower fees.

In a direct listing, however, a company does not sell any new shares to raise money. Instead, it gives existing shareholders the opportunity to cash out.

Slack is the latest in a string of high-profile technology companies looking to go public this year. Lyft Inc, Pinterest and Zoom Video Communications have completed IPOs so far in 2019.

The company is hoping for a valuation of more than $10 billion in the listing, Reuters had previously reported. Some early investors and employees have been selling the stock at around $28, valuing the company close to $17 billion, Kelly Rodriques, CEO of Forge, a brokerage company, told CNBC on Thursday.

Slack set a placeholder amount of $100 million to indicate the size of the IPO. The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.

Its competitors include Microsoft Teams, a free chat add-on for Microsoft’s Office365 users.

(Reporting By Aparajita Saxena and Joshua Franklin in New York; Editing by Leslie Adler and Anil D’Silva)

Source: OANN

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FILE PHOTO: Candidate Zelenskiy reacts following the announcement of an exit poll in Ukraine's presidential election in Kiev
FILE PHOTO: Ukrainian presidential candidate Volodymyr Zelenskiy reacts following the announcement of the first exit poll in a presidential election at his campaign headquarters in Kiev, Ukraine April 21, 2019. REUTERS/Valentyn Ogirenko/File Photo

April 26, 2019

By Matthias Williams

KIEV (Reuters) – Russia’s decision to make it easier for residents of rebel-controlled eastern Ukraine to obtain a Russian passport is meant to test Ukraine’s new leader and the West should not recognize the documents, Lithuania’s foreign minister said on Friday.

Russian President Vladimir Putin signed the order on facilitating passports on Wednesday, three days after comedian Volodymyr Zelenskiy, a political novice, won a landslide victory in Ukraine’s presidential election.

Linas Linkevicius, whose own country also has strained relations with Moscow, told Reuters in an interview that the West should consider imposing new sanctions on Russia.

“This is a blatant violation of international law. And basically also a kind of test to the new (Ukrainian) leadership, which is also a usual game,” Linkevicius said.

“The least we can do (is) we shouldn’t recognize these passports. How to do that technically, it’s another issue to discuss. Also (we need) to look at additional sanctions,” said Linkevicius, whose small Baltic nation is a member of NATO and the European Union.

Western nations imposed sanctions on Russia over its 2014 annexation of Ukraine’s Crimea region and its support for armed separatists battling Kiev’s forces in eastern Ukraine. Some 13,000 people have been killed in that conflict despite a notional ceasefire signed in Minsk in 2015.

Linkevicius, who in Kiev on Friday became the first minister of an EU country since Ukraine’s election to meet President-elect Zelenskiy, said they had discussed the passport issue.

Zelenskiy also raised the possibility of resetting the Minsk ceasefire agreement without giving any concessions to Russia, Linkevicius said.

“DANGEROUS CANCER” OF GRAFT

The minister urged Zelenskiy to deliver on his electoral promise of tackling corruption, which he described as the “most dangerous cancer” facing Ukraine, which hopes one day to join the EU.

Last month, Lithuania’s own relations with Russia came under renewed strain after a Vilnius court found former Soviet defense minister Dmitry Yazov, in absentia, guilty of war crimes and crimes against humanity for his role in a 1991 crackdown against Lithuania’s pro-independence movement.

Russia branded the verdict “extremely unfriendly and essentially provocative” and opened a probe into the judges involved.

Linkevicius accused Russia of seeking to politicize the judicial process by trying to take revenge on the judges, adding: “This is lamentable.”

(Editing by Gareth Jones)

Source: OANN

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A Cook County judge recently called out embattled State Attorney Kim Foxx for upholding a double standard by prosecuting a woman for filing a false police report — but dropping similar charges against embattled “Empire” actor Jussie Smollett.

Foxx has faced intense criticism over her office’s decision to drop a 16-count indictment against Smollett, just weeks after bringing the charges against the high-profile TV star. Foxx’s deal with Smollett, which did not require him to admit guilt, drew ire from the public, the city’s top cop and the former mayor who called it a “whitewash of justice.”

JUSSIE SMOLLETT CHICAGO PROSECUTOR KIM FOXX CHIDED BY NATIONAL ATTORNEYS GROUPS AFTER JUSSIE SMOLLETT CHARGES DROPPED 

Cook County Judge Marc Martin, who was presiding over an unrelated case, chastised Foxx and her office for creating a situation where anyone charged with filing a false report would expect the same leniency her office afforded Smollett.

Candace Clark, 21, is facing one felony count of making a false report. Prosecutors accused her of giving a friend access to her bank account and then telling authorities the money had been stolen. She denies the charges and claims she’s the victim of Foxx’s double standard — something the judge weighed in on.

“Well, Ms. Clark is not a movie star, she doesn’t have a high-price lawyer, although, her lawyer’s very good. And this smells, big time,” Martin said to prosecutors during a recent hearing, Fox 32 reported. “I didn’t create this mess, your office created this mess. And your explanation is unsatisfactory to this court. She’s being treated differently.”

The judge continued, “There’s no publicity on this case. She doesn’t have Mark Geragos as her lawyer or Ron Safer or Judge Brown. It’s not right. And (if) I proceed in this matter, you’re just digging yourselves further in a hole. (If the) press gets a hold of this, it’ll be in a newspaper. Why is Ms. Clark being treated differently than Mr. Smollett?”

Foxx recused herself from the Smollett case in February but continued to oversee the investigation through text messages with her assistant Joseph Magats.

The text messages revealed Foxx called Smollett a “washed up celeb who lied to cops.” They also show she cautioned Magats about throwing the book at Smollett.

“Sooo……I’m recused, but when people accuse us of overcharging cases…16 counts on a class 4 becomes exhibit A,” Foxx wrote to Magats on March 8.

“Pedophile with 4 victims 10 counts. Washed up celeb who lied to cops, 16. On a case eligible for deferred prosecution I think it’s indicative of something we should be looking at generally. Just because we can charge something doesn’t mean we should,” she added, referring to the case of R&B singer R. Kelly, who was indicted on 10 counts of aggravated criminal sexual abuse in connection with four women, three of whom were underage.

KIM FOXX’S CHIEF ETHICS OFFICER RESIGNS FOLLOWING SMOLLETT CONTROVERSY

President Trump said last month he asked for a federal review of Foxx’s decision to drop the charges against Smollett. He also called the actor “an absolute embarrassment to our country.”

The Smollett case garnered national attention and threatened to tear Chicago apart. It pit the police department and mayor against prosecutors and underscored the idea that wealthy people are somehow above the law.

Smollett told police he was attacked on Jan. 29 around 2 a.m. as he was returning home from a sandwich shop in Chicago. He said two masked men shouted racial and anti-gay slurs, poured bleach on him, beat him and tied a rope around his neck. He claimed they shouted, “This is MAGA country” — a reference to President Trump’s “Make America Great Again” campaign slogan.

CLICK HERE FOF THE FOX NEWS APP

After an intense investigation, police said Smollett staged the entire incident to drum up publicity for his career.

Smollett has strongly denied the accusations.

Source: Fox News National

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