Favors to defense firms cause big budget waste in South Korea
South Korean firms
Seoul - Yonhap
The military and related public agencies have provided a range of favors to defense companies and failed to properly manage them, leading to pervasive corruption and a huge waste of budget, the state auditor said Tuesday
Announcing the results of a three-month probe from May, the Board of Audit and Inspection (BAI) said the authorities designated defense goods without proper demand analysis and gave preferences to large defense companies for their production, which led to a waste of more than 600 billion won (US$544.9 million) in taxpayer money over the past several years.
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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