Sentence examples for diverting assets from inspiring English sources

Shareholders suspect the previous management of diverting assets to companies linked to themselves.

The U.S. Securities and Exchange Commission accused Vesco and his associates of looting the IOS of $224 million, defrauding thousands of investors by diverting assets from mutual funds.

Mr. Fyodorov, 43, a former finance minister who was elected to Gazprom's board last year by minority shareholders, has accused management of diverting assets to companies owned by their relatives.

These aren't illegal or stupid ploys, such as diverting assets and income into a trust and thinking that makes them tax-exempt.

Some politicians are already grumbling that the sovereign wealth fund will divert assets that the economy desperately needs now, and they are threatening to derail the effort.

According to an internal powerpoint titled "Lessons Learned", the charity's national headquarters in Washington "diverted assets for public relations purposes".

NEW YORK TIMES 3 Degrees Asked by Regulators to Shutter  |  Singapore's central bank asked the hedge fund 3 Degrees Asset Management to close down, in the wake of allegations that its founder, Moe Ibrahim, improperly diverted assets, Bloomberg News reports.

Typically, with asset-backed deals, companies promise to divert assets or cashflow from a part of their business (such as credit cards or car loans) into "special-purpose" entities legally distinct companies that raise money through the sale of bonds.

Investors have been calling for a management change for a year, saying that Gazprom's managers have diverted assets to companies owned in part by their relatives, a charge the managers deny.

This is really a different issue than a confidence issue since people's confidence, or lack thereof, does not affect the program like PBGC and FDIC, however, this appears to have become a right in most peoples minds rather than an "extra benefit," and therefore, in my opinion, the demand to shore up the program could divert assets from other areas.

Since the Tomahawk missile system had not yet been adopted for use during New Jerseys original update the Navy announced plans to divert assets from two of their s to install the necessary Tomahawk launchers.