Effective speak-up or whistleblowing hotlines are an element of good governance and can act as an early warning system. But while most large companies have a formal mechanism where employees can voice concerns, our 2015 Ethics at Work survey shows that employees don’t have confidence in the system.… Continue Reading
So far, the federal government and 28 U.S. states have opened investigations into VW’s emission test cheating. Other countries investigating VW or its former CEO include South Korea, Switzerland, France, Italy, and Germany.… Continue Reading
Four foreign nationals were arraigned in federal court Wednesday in Newark, New Jersey on charges of smuggling counterfeit Sony Camcorders and Apple iPhones, iPads, and iPods from China for sale in the United States.… Continue Reading
The Securities and Exchange Commission Monday charged Bruker Corporation with violating the Foreign Corrupt Practices Act by paying for sightseeing trips and shopping expenses for Chinese government officials responsible for buying the company’s products.… Continue Reading
A former top executive of Bechtel Corporation pleaded guilty Thursday for taking $5.2 million in kickbacks to rig bids for state-run power contracts in Egypt.
Asem Elgawhary, 73, of Potomac, Maryland, entered his plea in federal court in Maryland to mail fraud, conspiracy to commit money laundering, and obstruction and interference with the administration of the tax laws. … Continue Reading
The Convention is important for curbing foreign bribery because its forty one signatory countries collectively account for approximately two-thirds of world exports.… Continue Reading
Italian prosecutors investigating state-owned oil giant Eni SpA over a Nigeria oilfield deal three years ago believe half of the $1.1 billion that Eni paid went as bribes to government officials or to intermediaries with close ties to them.… Continue Reading
The group of donors who contribute aid directly to Mozambique pledged $275 million in aid this week, a decrease from the $309 million given last year, citing concerns about corruption in the region.… Continue Reading
The mayor of Venice and at least 30 others have been arrested in a corruption investigation related to the building of underwater barriers to protect the city from flooding.
Here’s a note from the volunteer researcher who produces the Corporate Investigations List. A reader asked if we could identify the countries involved in the current investigations. We asked the volunteer researcher about it, and here’s the response:
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China is dominating the disclosures.… Continue Reading
The Group of 20 members represent around 85 per cent of the world’s gross domestic product, over 75 per cent of global trade, and two-thirds of the world’s population.