Posts Tagged: Alstom
At the Cambridge Symposium on Economic Crime at Jesus College Tuesday, David Green QC, the head of the UK Serious Fraud Office, described what he called a cross section of the SFO’s current caseload.… Continue Reading
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
A former senior executive of a subsidiary of Alstom SA, the French power and transportation company, pleaded guilty Thursday to conspiracy to violate the FCPA.
William Pomponi, a former vice president of regional sales at Alstom Power Inc.,… Continue Reading
The UK’s Serious Fraud Office (SFO) is pursuing its investigation of alleged corruption at Paris-based Alstom now that the Attorney General has given the agency permission to prosecute the company and former employees for alleged overseas bribery, if deemed appropriate.… Continue Reading
Japan’s Marubeni Corporation pleaded guilty Wednesday to eight FCPA charges, admitting it bribed Indonesian officials to win an electricity contract for itself and a partner, Alstom SA.… Continue Reading
Did someone say FCPA enforcement had slowed down? Look again.
Already this month there have been settled enforcement actions involving Philips, Parker Drilling, and Ariel Sharef of Siemens, new charges unsealed against four former BizJet execs with two guilty pleas, and two Alstom execs with one guilty plea, and obstruction charges in a grand jury FCPA investigation.… Continue Reading
The United States unsealed criminal charges Tuesday against one current and one former executive of French power company Alstom’s U.S. unit for an Indonesia bribery scheme.
Frederic Pierucci, 45, a French citizen and current Alstom executive in charge of sales, was charged in an indictment unsealed Tuesday in the District of Connecticut, where Alstom’s U.S.… Continue Reading
The Asian Development Bank debarred 34 individuals last year, and 31 firms. Debarment means they’re ineligible to participate in ADB-financed, administered, or supported activities.
The ADB also cross debarred 37 firms and 12 individuals under mutual debarment agreements with the European Bank for Reconstruction and Development, the Inter-American Development Bank, and the World Bank.… Continue Reading