Nigeria has moved to ground a luxury private jet that a former oil minister purchased by allegedly using his illicit cut of a $1.3 billion oil deal. The Nigerian government’s asset recovery lawyers seized the aircraft after it landed at Montreal-Trudeau airport towards the end of last month.… Continue Reading
The DOJ unsealed an indictment Tuesday against two former executives of Alstom S.A. and a former executive of the Japanese trading company Marubeni Corporation, for allegedly bribing the head of the state-owned power company in Indonesia and members of parliament there.… Continue Reading
The DOJ extradited a 65-year-old Dutch woman who was indicted in 2010 for being part of a conspiracy to fix prices in the global air cargo industry.… Continue Reading
The Italian National Anti-Corruption Authority (ANAC) has imposed a penalty for retaliatory measures against a whistleblower for the first time since the adoption of the whistleblower protection legislation.… Continue Reading
A new report recently published by The Ethics and Compliance Initiative (ECI), the 2019 Global Business Ethics Survey, addresses the state of E&C programs across ten countries — USA, Brazil, UK, Spain, France, Italy, Germany, Russia, India, and China.… Continue Reading
The Italian regulatory framework on whistleblower protection has been significantly amended with the adoption of a new law that aims to strengthen protection for whistleblowers in the public sector, and add new protections for those in the private sector.… Continue Reading
Since 2001, private Italian companies have been encouraged — through legislative initiatives — to adopt and implement robust compliance programs. Legislative Decree No. 231 of June 8, 2001 (commonly referred to as “Law 231”) allows private companies that chose to adopt specific compliance programs and mechanisms to avoid corporate liability where certain offenses are committed in the interest of the corporation by its directors or employees. … Continue Reading
The Milan Public Prosecutor’s Office has charged Royal Dutch Shell and four former executives for an alleged plot to pay massive bribes to win oil exploration rights in Nigeria.
One of those charged is Malcolm Brinded, 64, the former executive director for Upstream International when the alleged bribery happened.… Continue Reading
The World Bank Group Tuesday debarred AC Boilers SpA and two affiliates for nine months for violating integrity guidelines during bids in Egypt.
An investigation by the World Bank Integrity Vice Presidency revealed that AC Boilers “recklessly failed to disclose” the identities and payment amounts of two local agents when bidding for a World Bank-financed contract under Egypt’s El Tebbin Power Project.… Continue Reading
One day, while doing ethnographic research in Southern Italy, I interviewed the mayor of a town in which there had been investigations of corruption related to the use of public infrastructure funds.… Continue Reading
In December, the public prosecutor of Milan (Italy) laid some fairly explosive evidence before the UK’s Southwark Crown Court in connection with an ongoing Nigerian corruption investigation. If the evidence can be substantiated, it may have widespread political and international ramifications for those involved in a remarkably long running and murky saga.… Continue Reading