Brazil’s scandal-plagued oil giant suspended its compliance chief while he defends himself against charges of hiring Deloitte on a no-bid contract while his daughter was talking to the firm about a job.… Continue Reading
Last week I received a call from a multinational company concerned about activist shareholders targeting them for not yet achieving ISO 37001 Anti-Bribery certification.
The caller explained that the shareholders expect the company to prove that it’s serious about its anti-bribery efforts in a confirmable way.… Continue Reading
A China state-owned enterprise was debarred for at least a year by the African Development Bank (AfDB) Tuesday for lying about its past experience.
Chongqing International Construction Corporation (CICO) “engaged in a fraudulent practice” during bids for an AfDB-financed road project in Uganda, according to the AfDB’s Office of Integrity and Anti-Corruption.… Continue Reading