Walmart Inc. agreed Thursday to pay the DOJ and SEC $282 million to settle allegations that it violated the Foreign Corrupt Practices by paying an intermediary in Brazil for help obtaining construction permits and having weak anti-corruption internal controls in Brazil, China, India, and Mexico.… Continue Reading
The first Chinese citizen to head Interpol pleaded guilty in a court in China Thursday to taking $2 million in bribes.
Meng Hongwei admitted during a hearing at Tianjin No 1 Intermediate People’s Court that he helped companies “make illegal gains.”
The offenses occurred from 2005 to 2017 when he held various public security positions in China, according to the charges.… Continue Reading
The International Anti-Corruption Academy in Austria is now accepting applications for its two master’s programs: the Master in Anti-Corruption Studies (MACS) and the International Master in Anti-Corruption Compliance and Collective Action (IMACC).
The MACS is the world’s first global, postgraduate program in anti-corruption.… Continue Reading
The UK’s Serious Fraud Office (SFO) enjoys a mixed reputation as far as other law enforcement agencies are concerned, in particular the police.
American national and former deputy general counsel at the FBI, Lisa Osofsky, the head of the SFO, has effectively admitted defeat over several of its investigations, which were started before her tenure at the SFO.… Continue Reading