ARTICLES RELATING TO PENALTY

Facebook was just slapped with a record-setting R69 billion fine for mishandling user data, but those users won't see a penny. Here's where that money goes.

2019-07-25 13:45

Facebook's record-setting $5 billion fine from the Federal Trade Commission is going straight to the US Treasury Department.

MotoGP: Rossi ready to race in Valencia

2015-10-28 09:36

MotoGP championship leader Valentino Rossi will start from the back of the grid at the Valencia race after receiving a contested penalty. But the Italian is not giving up on defending his title.

Sixth engine grid-penalty for Vettel?

2014-08-22 11:08

Red Bull's Sebastian Vettel's 2014 season could be set to go from bad to worse if he is given another penalty ahead of the 2014 Belgium GP on Sunday.

Toyota execs to dodge jail?

2014-03-25 10:11

Toyota will pay the equivalent of R13-billion to settle accusations that it sought to cover up an accelerator problem in Toyota and Lexus vehicles. Lawyer's believe it's unlikely anyone will go to jail...

Toyota slapped with R13bn 'lies' penalty

2014-03-20 08:40

Toyota has been slapped with a hefty penalty for misleading the public about safety issues in its cars... The automaker will have to dig deep for the R13-billion fine.

 

KPMG SA, affiliates of Deloitte, BDO to pay penalties over audit work

2018-03-14 15:48

KPMG South Africa, KPMG Zimbabwe and foreign affiliates of accounting firms Deloitte & Touche and BDO have agreed to pay penalties for becoming involved in audit work that did not comply with US audit standards.

Grosjean handed 20-place grid penalty

2014-11-22 10:03

Lotus Formula 1 driver Romain Grosjean could consider himself lucky that only points will be doubled in this weekend's Abu Dhabi F1 GP after collecting a 20-place grid penalty.

Bank of America expects US settlement

2014-08-07 08:22

Bank of America has tentatively agreed to pay a record $16bn to $17bn settlement to resolve allegations it misled investors on mortgage-linked securities.

Toyota to pay $1.2bn penalty over safety

2014-03-20 10:01

Toyota will pay a record $1.2bn to resolve a criminal probe into safety issues in a deal that could show US authorities' approach.

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