The Courthouse News Service reported this week that a government investigator in Argentina claims he was beaten and tortured because he blew the whistle on bribes from Siemens to Argentine officials.… Continue Reading
Posts Tagged: Argentina
In December last year, the DOJ and SEC charged eight former executives and agents from Siemens with bribing government officials in Argentina.
‘Over the course of the bribery scheme,’ the SEC said, ‘over $100 million in bribes were paid.’… Continue Reading
As the blockbuster corruption trial of former president Fernando de la Rua captivates the nation, Argentina’s Congress approved a controversial bill on August 22 to take over the scandal-plagued currency-printing company Valores de Sudamerica (CVS).… Continue Reading
Julie Fisher Melton’s upcoming book Importing Democracy (Kettering Foundation) studies how so-called “democratization NGOs” work to change political culture in South Africa, Argentina, and Tajikistan.
The NGOs profiled in the book nurture democratic values by engaging in projects such as setting up local radio stations and talking to police about human rights.… Continue Reading
Biomet Inc. today became the latest medical device maker to settle FCPA offenses.
The Warsaw, Indiana company will pay a criminal fine of $17.3 million in its settlement with the DOJ, and $5.5 million in disgorgement of profits and pre-judgment interest to the SEC.… Continue Reading
On March 24, Colorado-based Ball Corporation paid a $300,000 penalty to settle civil FCPA books and records and internal control charges brought by the the SEC.
Ball, a manufacturer of metal packaging for beverages, foods and household products, paid $106,000 in bribes through its Argentine subsidiary Formametal, S.A.… Continue Reading