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Independent Panel

All articles tagged with #independent panel

sports1 year ago

"Everton Receives Additional 2-Point Deduction for Financial Breaches"

Everton has been handed a two-point deduction by an independent panel for breaching the Premier League's profit and sustainability rules, dropping them to 16th place in the table. The club plans to appeal the decision, citing concerns over inconsistency in points deductions. The panel's report outlined mitigating factors considered, including previous punishment, loss of sponsorship money due to geopolitical events, and early admission of breaching rules. Additionally, Nottingham Forest also faced a points deduction, while Manchester City is set to undergo a hearing for alleged finance rule breaches.

via ESPN|
#everton#financial-breaches#independent-panel
business2 years ago

"Daihatsu Halts Vehicle Shipments Amid Safety Scandal"

Toyota's Daihatsu unit, responsible for producing small cars and trucks, will halt shipments of all its vehicles after an independent panel investigation revealed safety issues involving 64 models, including some sold under Toyota's brand. The scandal, which initially involved rigged side-collision safety tests, has now expanded to a wider scope and longer timeframe, potentially damaging the automakers' reputation for quality and safety. The issues also affected some Mazda and Subaru models. Toyota stated that "fundamental reform" is necessary to revitalize Daihatsu and that a review of certification operations is needed. The financial impact is yet to be determined.

via Reuters|
#business#daihatsu#independent-panel
politics2 years ago

South Africa Denies Arms Shipment to Russia

An independent panel led by a retired judge in South Africa has found no evidence to support allegations that the country sold weapons to Russia. The allegations, made by the US ambassador to South Africa, had a damaging effect on South Africa's image and economy. The panel's investigation revealed that a Russian ship, Lady R, had docked at a naval base in South Africa to deliver equipment ordered for the South African National Defense Force in 2018, prior to Russia's invasion of Ukraine. The full report will not be released publicly, but an executive summary will be made available.

via DW (English)|
#allegations#arms-shipment#independent-panel