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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
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

Former Bechtel exec jailed 42 months for taking Alstom bribes

A ex-Bechtel Corporation vice president was sentenced Monday to 42 months in prison for taking $5.2 million in kickbacks to rig bids for state-run power contracts in Egypt.

Asem Elgawhary, 73, of Potomac, Maryland pleaded guilty in December 2014 to mail fraud, conspiracy to commit money laundering, obstruction, and interference with the administration of the tax laws. … Continue Reading

Enforcement report for Q3 2014

During the third calendar quarter, there was one corporate settlement of an FCPA enforcement action and two individual resolutions. (The third quarter last year was less active, with no corporate resolutions.)… Continue Reading

Trial of Alstom UK unit starts in London

Image courtesy of AlstomThe trial of a UK subsidiary of Paris-based Alstom started Tuesday, with the Serious Fraud Office alleging in filings that the company paid $8.5 million in bribes for contracts in India, Poland, and Tunisia.… Continue Reading

SFO charges Alstom UK unit for bribes

The Serious Fraud Office said Thursday it has started criminal proceedings “against an Alstom company in the UK by written charge.”

Alstom Network UK Ltd, formerly called Alstom International Ltd, a UK subsidiary of Alstom, was charged with three corruption offenses, and three counts of conspiracy to corrupt.… Continue Reading