Bulgaria’s deputy prime minister announced the launch of a special unit to investigate major cases of government graft.… Continue Reading
Since the start of the Ukraine crisis, NATO Secretary General Anders Fogh Rasmussen has called on NATO countries to increase defense spending. Poland has announced plans to accelerate a major military modernization program.… Continue Reading
Big-pharma Merck said an SEC filing Thursday that the DOJ has closed its FCPA investigation of the company.
Merck first disclosed in 2010 that it received letters from the DOJ and SEC asking for FCPA-related information about its activities in a number of countries.… Continue Reading
Just two percent of companies win 98 percent of all public procurement deals in Bulgaria, according to the head of BORKOR, Bulgaria’s state anti-corruption and organized crime agency.… Continue Reading
Professional footballers in Singapore are now required to take polygraph tests and answer questions about match fixing and corruption in the sport.
Winston Lee, the general secretary of the Singapore Football Association, said this week that lie detectors are a major deterrent to criminal activity.… Continue Reading
A subsidiary of Pfizer Inc. agreed with the DOJ today to pay a $15 million criminal penalty to resolve FCPA violations in Bulgaria, Croatia, Kazakhstan, and Russia.
Pfizer also agreed with the SEC to pay $26.3 million in disgorgement of profits and pre-judgment interest to settle civil charges.… Continue Reading