Brazil’s Petrobras has approved settlements with four U.S. investors related to an ongoing corruption investigation.
Brazil construction tycoon Marcelo Odebrecht was sentenced to 19 years in prison Tuesday as part of the ongoing investigation into corruption at state-owned energy giant Petrobras.
The chief executive of SBM Offshore, Bruno Chabas, and supervisory board member Sietze Hepkema, have reached an out of court settlement with Brazilian authorities tied to the ongoing Petrobras corruption probe, with small fines and no admission of guilt.… Continue Reading
The Justice Department said Sunday two men were arrested last week for an alleged bribery scheme to win work from Venezuela’s state-owned energy company, Reuters reported.
Roberto Rincon was arrested Wednesday in Houston.… Continue Reading
Here’s the statement from the First Intermediate People’s Court of Tianjin issued June 11 announcing the sentencing of Zhou Yongkang, China’s former domestic security tsar and a member of the powerful Politburo Standing Committee.… Continue Reading
Russia’s State Duma is considering a bill to protect whistleblowers who report corruption by state officials to police or the media.
A campaign manager was arrested Thursday and accused of paying for votes in the November 2012 school board election in Donna, Texas.
Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division and U.S.… Continue Reading
The Uzbek prosecutor-general’s office has said a person named “Karimova G.” is a suspect in a case against an organized criminal group.
“Russia’s RIA Novosti news agency cited an unnamed source in the Uzbek government that mentioned Karimova G.… Continue Reading
Here’s the latest FCPA disclosure from oil field services firm Halliburton Company from its Form 10-K filed with the SEC on February 7:
We are conducting internal investigations of certain areas of our operations in Angola and Iraq, focusing on compliance with certain company policies, including our Code of Business Conduct (COBC), and the FCPA and other applicable laws.… Continue Reading
While China’s discipline watchdog celebrates its 2013 achievements, President Xi Jinping’s austerity drive continues to face challenges.
Bribe-givers and corrupt officials are now using digital technology and loopholes in online gift-giving laws to dodge the authorities.… Continue Reading