Prosecutors in Tokyo used a plea bargain to resolve an overseas bribery case with a power plant maker under a new law adopted in June, according to a report from Japan.… Continue Reading
On October 8, 2017, Kobe Steel Group admitted to falsifying data about the strength and durability of aluminum and copper parts used by manufacturers of automobiles, bullet trains, and aircraft.
Initially presented as a breach occurring at four of its Japanese factories during 2017, the admission of wrongdoing would soon turn into a much more severe affair. … Continue Reading
We learned Friday that Beijing will host the 2022 Winter Olympics, and that Boston withdrew from the 2024 race. From a corruption standpoint, there’s a lot going on here.
China’s selection completes a fascinating ten-year stretch: 2014 (Russia), 2016 (Brazil), 2018 (South Korea), 2020 (Japan), 2022 (China).… Continue Reading
Kolon Industries Inc. pleaded guilty Friday in federal court in Alexandria, Virginia to conspiracy to steal trade secrets involving E.I. DuPont de Nemours & Co.’s Kevlar technology.
Federal judge Anthony J.… Continue Reading
Japan suspended aid for a $41 million railway project in Hanoi until Vietnam returns $782,000 in bribe money a Japanese contractor gave officials at Vietnam’s state railway company.
Yamamoto Kenichi from the Japan International Cooperation Agency (JICA) said last week in Hanoi that Japan will restart funding for the project after Vietnam returns the money that Tokyo-based Transportation Consultants (JTC) Inc.… Continue Reading
News leaked a couple of years ago that China was promoting establishment of the Asian Infrastructure Investment Bank.… Continue Reading
A new phase has begun in the maturation of China as an economic superpower, an era that President Xi Jinping has taken to calling “the new normal.”… Continue Reading
Transparency International released its 20th edition of the Corruption Perceptions Index (CPI) today, available here. The 2014 CPI ranks 175 countries based on the perceptions of public sector corruption.… Continue Reading
Job Title: Director, Affiliate Compliance
Employer: Biogen Idec
Location: Tokyo, Japan
The Director, Affiliate Compliance Officer (“ACO”), is a core member of the local leadership teams for the supported Affiliates.… Continue Reading
A former Deutsche Bank salesman who described systematic bribery in the sale of bank services to pension funds was given a suspended prison sentence Wednesday by a Tokyo judge.
Shigeru Echigo received a 10-month prison sentence, suspended for three years.… Continue Reading