Skip to content

Editors

hpc hat edit

Harry Cassin
Publisher and Editor

Screen+Shot+2017-02-14+at+1.01.41+PM

Andy Spalding
Senior Editor

Jessica Tillipman FCPA Blog

Jessica Tillipman
Senior Editor

WILLIAM B.F. STEINMAN

Bill Steinman
Senior Editor

Screen+Shot+2017-02-14+at+1.16.41+PM

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington

Cody Worthington
Contributing Editor

Julie_DiMauro_Headshot

Julie DiMauro
Contributing Editor

Screen+Shot+2017-02-14+at+12.44.07+PM

Thomas Fox
Contributing Editor

Screen+Shot+2017-02-14+at+12.46.31+PM

Marc Alain Bohn
Contributing Editor

Screen+Shot+2017-02-14+at+12.33.28+PM

Bill Waite
Contributing Editor

Screen+Shot+2017-08-18+at+6.34.39+AM

Shruti J. Shah
Contributing Editor

Screen+Shot+2017-02-14+at+1.13.40+PM

Russell A. Stamets
Contributing Editor

Screen+Shot+2017-02-14+at+3.09.39+PM

Richard Bistrong
Contributing Editor

Screen+Shot+2017-02-14+at+12.49.07+PM

Eric Carlson
Contributing Editor

All posts by Global Contagion Report

Global Contagion Report: TeliaSonera

Global Contagion Report December 23, 2013

Country: Sweden

Companies: TeliaSonera

Individuals : Per-Arne Blomquist, former head of TeliaSonera Eurasia region, Tero Kivasaari, former TeliaSonera CEO Lars Nyberg, daughter of Uzbek president Islam Karimov, Gulnara Islomovna Karimova

Industry: Technology

Subsector: Telecommunications Equipment

Enforcement: Investigation

TeliaSonera is under investigation for allegedly paying more than $300 million in bribes to Gayane Avakyana, a middleman for Gulnara Islomovna Karimova to win access to the Uzbek telecom market in 2007.… Continue Reading

Global Contagion Report: Sumitomo Chemical Co.

Global Contagion Report December 16, 2013

Country: Cambodia

Companies involved: Sumitomo Chemical Singapore Pte Ltd, Vestergaard Fransen

Industry: Health Care Services

Official(s) Involved: Former director of the National Center for Parasitology, Entomology and Malaria Control, Duong Socheat

Enforcement: Investigation

Summary:

Sumitomo Chemical Singapore Pte Ltd.,… Continue Reading

Global Contagion Report: Deutsche Bank AG

Global Contagion Report December 5, 2013

Country: Japan

Company Involved: Deutsche Bank AG

Industry: Banking and securities

Individuals: Shigeru Echigo, a director of Deutsche Securities Inc. and a former Mitsui pension executive, Yutaka Tsurisawa

Enforcement Action: Arrests

Summary:

Shigeru Echigo, 36, a director of Deutsche Bank AG’s Japanese brokerage unit and its pension solution sales department was arrested Thursday on suspicion of bribery.… Continue Reading

Global Contagion Report: Petroleum Development Oman (PDO)

Global Contagion Report November 28, 2013

Country: Oman

Company Involved: Petroleum Development Oman (PDO), Galfar Engineering and Contracting

Industry: Oil and Gas

Individuals: Juma Al Hinai, head of the tenders committee at Petroleum Development Oman (PDO), Mohammad Ali, managing director of Galfar Engineering and Contracting

Enforcement Action: Trial

Summary:

Juma Al Hinai, the head of the tenders committee at Petroleum Development Oman (PDO) is on trial for accepting bribes from two executives at Omani firm, Galfar Engineering and Contracting.… Continue Reading

Global Contagion Report: Hrvatska Elektroprivreda (HEP Group)

Global Contagion Report November 21, 2013

Country: Croatia

Company Involved: Hrvatska Elektroprivreda (HEP Group)

Industry: Utilities

Individuals: Former Croatian Prime Minister and Croatian Democratic Union (HDZ) leader Ivo Sanader, former HEP board chair Ivan Mravak, HEP Supervisory Board member Zdenko Juricic and owner of Dioki, Robert Jezic 

Enforcement Action: Charged

Summary: Former Croatian Prime Minister and Croatian Democratic Union (HDZ) leader Ivo Sanader has been charged with defrauding state-run power provider, HEP, of over $114 million by encouraging former HEP board chair Ivan Mravak to sell electricity to two aluminum-producing firms, the Sibenik-based TLM light metal factory and Bosnia’s Aluminij company, below the market price.… Continue Reading

Global Contagion Report: SKKMigas

Global Contagion Report November 14, 2013

Country: Indonesia

Company Involved: Kernel Oil Pte Ltd

Industry: Oil and Gas

Public Official: Rudi Rubiandini, Chairman of Upstream Oil and Gas Regulatory Special Task Force Team (SKKMigas)

Enforcement Action: Trial

Summary: A director of Singapore-based trading firm Kernel Oil, Simon Gunawan Tanjaya, has gone on trial in Indonesia for allegedly bribing the former head of oil and gas regulator SKKMigas.… Continue Reading

Global Contagion Report: Glenn Defense Marine Asia Ltd

Global Contagion Report October 29, 2013

Country: United States

Company Involved: Glenn Defense Marine Asia Ltd

Industry: Defense

Individuals: United States Navy Cmdr. Michael Vannak Khem Misiewicz, Supervisory Agent in Charge of NCIS office Quantico, John B. Beliveau II

Enforcement Action: Arrest & Investigation

Summary: Navy Cmdr.… Continue Reading

Global Contagion Report – Compania de Salubrizare Brantner Vereş

Global Contagion Report August 15, 2013

Country: Romania

Company Involved: Compania de Salubrizare Brantner Vereş

Industry: Industrials

Industry Subsector: Waste & Disposal Services

Official Involved: Napoca Sorin Apostu, former Mayor of Cluj City

Enforcement Action: Conviction

Summary: Former mayor of Cluj, Napoca Sorin Apostu was sentenced to 3 years and 6 months in jail for corruption.… Continue Reading

Global Contagion Report – Ukrspecexport

Global Contagion Report August 8, 2013

Country: Kazakhstan

Company Involved: Ukrspecexport

Industry: Industrials

Industry Subsector: Defense

Official Involved: Major General Almaz Asenov, former head of Defense Ministry’s Armament Department

Enforcement Action: Judgement

Summary: Maj. Gen. Almaz Asenov was sentenced to 11 years in prison in addition to confiscation of property for accepting $200,000 in bribes from two employees of Ukraine’s arms exporter Ukrspecexport.… Continue Reading

Global Contagion Report: Hwangbo Construction

Global Contagion Report July 24, 2013

Country: South Korea

Company Involved: Hwangbo Construction

Industry: Heavy Construction

Official Involved: Won Sei-hoon, former Chief of the National Intelligence Service

Enforcement Action: Charge

Summary: Won Sei-hoon was arrested for accepting bribes of more than $88,150 in cash and expensive gifts from the former president of now-bankrupt Hwangbo Construction in exchange for business favours.… Continue Reading

Global Contagion Report: GRINN Corporation

Global Contagion Report July 18, 2013

Country: Russia

Company Involved: GRINN Corporation

Industry: Financials

Industry Subsector: Real Estate Holding & Development

Official Involved: Vyacheslav Dudka, Former Tula Region Governor; Viktor Volkov, Former Director of the Regional Department for Property and Land Relations

Enforcement Action: Charge

Summary: Former Tula region governor Vyacheslav Dudka and former regional land and property department chief Viktor Volkov were charged with accepting 40 million rubles ($1.2 million) from GRINN corporation in exchange of passing a 2.5-hectare land plot to the GRINN corporation for the construction of a supermarket.… Continue Reading