The new directors of Parmalat who are seeking to save the devastated food conglomerate from collapse said Saturday they had asked Bank of America to look into a report that it holds an account containing billions of dollars ( euros ) syphoned from the scandal-struck company.
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Power was syphoned from all four engines for the hydraulics, cabin air conditioning, and the de-icing system; these systems had operational Flight Refuelling Ltd, allowed the Comet's fuel tanks to be refuelled at a far greater rate than other methods.
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"There's a lot of institutional money out there looking to buy properties direct, and if it doesn't find a home it will be syphoned off somewhere, " said Gerald Blundell, strategy partner of Jones Lang Wootton Fund Management, which manages more than 3 billion pounds, most of it in direct property investment.
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August 2011 reports stated that the U . S . military, after spending a year investigating trucking contracts, had " moved to stem the flow of contract money to Afghan insurgents, awarding at least 20 companies new contracts worth about $ 1 billion for military supply transport and suspending seven current contractors it found lacking in'integrity and business ethics .'" A senior military officer said, " I think we ve finally got our arms around this thing . " Rep . John F . Tierney of the House Oversight and Government Reform subcommittee expressed concern that the contracts lacked transparency and accountability ensuring any U . S . dollars are not being syphoned to corrupt officials, insurgents, the Taliban, drug traffickers, or anyone else considered the enemy.
