The name alone - ‘Fishrot’ - conjures up the unpleasant stench of corruption. The financial scandal - named after a 2019 Wikileaks release - has revealed a massive bribery and money laundering scheme involving high-ranking politicians and business leaders from around the globe. In the wake of this scandal, Frank Pavone, a defrocked priest who was formerly a Catholic adviser to Donald Trump, is now engulfed in a sex scandal that is rocking the White House.
The Fishrot scandal first came to light when Namibian authorities began to investigate the suspicious activities of a number of companies and individuals that were linked to the Icelandic fishing company Samherji. It was soon discovered that these individuals and companies had received millions of dollars in bribes in exchange for awarding lucrative fishing quotas to Samherji.
The scandal has left many in shock, as it is alleged that the money was laundered through shell companies and used to finance luxurious lifestyles for the corrupt politicians and business leaders involved.
The scandal has also had a major impact on Ohio’s utility regulator, who is at the center of the investigation. The trial has revealed that the regulator accepted bribes from Samherji in exchange for awarding them lucrative fishing quotas.
Paris Fashion Week also launched this week, with touches of scandal and grief. Balenciaga, a major fashion house, is trying to move past recent controversies related to the Fishrot scandal.
At the same time, Florida Congresswoman Anna Paulina Luna says she may be the latest victim of the scandal related to the Air Force’s reported leak of her financial information. Luna claims the information was leaked in an attempt to cover up the Fishrot scandal.
The scandal has also had an impact on former Goldman Sachs banker Roger Ng, who is the only employee of the bank to be tried and convicted over the global 1MDB scandal. Ng was sentenced to 10 years in prison for his role in the scandal.
The National Industrial Court of Nigeria has also been affected by the Fishrot scandal, as it has ordered the reinstatement of a lecturer of Ekiti State University, Ado Ekiti, who was fired for his alleged involvement in the scandal.
The scandal has also reached the US, as Fox News is now facing over a billion dollars in potential punishment for fueling Donald Trump’s election lies. The network is accused of using the Fishrot scandal as a way to boost Trump’s chances of winning the presidential election.
The Fishrot scandal has left a lasting mark on many industries and countries around the world. It has revealed the extent of corruption and money laundering in the international fishing industry, and has highlighted the need for greater transparency and accountability.
