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Staff acted in the belief that if their irregularity was discovered, they could resign in the knowledge no further action would be taken.
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"Financial irregularities" were discovered.
Mr. Sullivan, who was fired by WorldCom after the accounting irregularities were discovered, is being pushed from several fronts.
But since the accounting irregularities were discovered, trading was halted and Longtop delisted, with its shares becoming virtually worthless.
After the election, more irregularities were discovered, among them spoiled ballots, voting-machine errors, provisional ballots mistakenly invalidated, and biased sample recounts.
The school, in a statement, said it acted last spring after irregularities were discovered in the disbursement of financial aid to several students.
The organisers said broadcasters would be banned for up to three years if voting irregularities were discovered to have taken place in their country.
Boosey came up for sale two and a half years ago after accounting irregularities were discovered in the Chicago instrument-distribution business, leading to £13m worth of sales being written off and a plummeting share price.
But less than three weeks before a scheduled game against Canada in South Williamsport, Pa., Uganda's players were denied travel visas after irregularities were discovered in some birth certificates.
"Mr. Kersh did not sell any stock or options while he was a director or an officer, and did not get any performance bonuses, which I believe differentiates him from other officers who are currently in the news," Mr. Tew said, in an apparent reference to officials of companies like Enron and WorldCom, which also went bankrupt after accounting irregularities were discovered.
Godolphin trainer Mahmood Al Zarooni will attend a British Horseracing Authority inquiry after irregularities were discovered in 11 of 45 racehorses.
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