When browsing websites of transparency groups and organizations that regularly publish leaks, you’ll find that many of them strongly encourage potential leakers and informants to use hyper-secure messaging apps like Signal or Telegram.… Continue Reading
One luxury item is showing up more often in alleged graft-related asset seizures: wrist watches, especially the high-end variety with eye-watering price tags.… Continue Reading
The International Chamber of Commerce is hosting its International Integrity & Anti-Corruption Conference on Friday, December 6 at the Peace Palace in The Hague.… Continue Reading
The World Bank debarred a Chinese state-owned engineering and construction company Wednesday for 15 months for fraud involving a project in China.… Continue Reading
The World Bank debarred a Portuguese engineering services company Wednesday for 12 months for “fraudulent and obstructive practices” involving a project in Brazil.… Continue Reading
Barclays PLC paid the SEC $6.3 million Friday to settle FCPA offenses related to the hiring of relatives of public officials in Asia.
The British bank disgorged $3.8 million and paid a $1.5… Continue Reading
Swedish telecom giant Ericsson said Wednesday it reserved around $1.2 billion to resolve an expected FCPA enforcement action by the DOJ and SEC.
The Stockholm-based LM Ericsson Telephone Company said it was cooperating with the DOJ and SEC regarding possible FCPA violations in China, Djibouti, Indonesia, Kuwait, Saudi Arabia, and Vietnam.… Continue Reading
TechnipFMC plc paid the SEC $5 million Monday to settle FCPA offenses related to bribing Iraqi officials to win business with state-owned oil companies.
The London-headquartered oil and gas company disgorged $4.3… Continue Reading
The World Bank announced the debarments of Indonesian, Chinese, and Spanish companies Wednesday in three unrelated actions.
PT. Suburo Jayana Indah Corp. (Sujainco) was debarred for two years for “fraud and collusion” on the World Bank funded Water Resources and Irrigation Sector Management Program (Phase II) project in Indonesia. … Continue Reading