News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Bill Steinman
Contributing Editor
The African Development Bank said Thursday it debarred several former Alstom companies now owned by GE Power for up to 76 months because of fraud and bribery committed on two bank-financed projects in Egypt.… Continue Reading
The African Development Bank Monday debarred CHINT Electric Co., Ltd. for 36 months for lying about its qualifications and experience in multiple bids for ADB-financed projects.
The ADB’s Office of Integrity and Anti-Corruption said Shanghai-based CHINT is ineligible during the debarment for contracts under any African Development Bank-financed project.… 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
China’s crackdown on domestic corruption is by now widely known. But many people, including myself, have suspected that a crackdown on foreign bribery would be much slower to develop. Recent news might begin to prove us wrong.… Continue Reading