The former president of a Maryland-based transportation company was convicted Friday of bribing a Russian official in exchange for contracts to deliver nuclear materials to customers in the United States.… Continue Reading
Posts Tagged: Latvia
According to the inaugural ECA Corruption Survey of business executives, in-house legal counsel, and other professionals operating in the Europe-Caucasus-Asia (ECA) region, 71 percent of respondents said that their country’s anti-corruption laws are ineffective and 62 percent said corruption is a significant obstacle to doing business.… Continue Reading
Latvia’s independent anti-corruption agency detained the governor of the central bank Saturday after a raid on his home and office.
Ilmars Rimšēvičs, 52, is also a member of the European Central Bank’s rate-setting committee.… Continue Reading
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Tuesday proposed designating a leading Latvian bank as a primary money laundering concern because of alleged connections with North Korea and with criminals in Russia and other countries.… 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
A Russia subsidiary of Palo Alto-based Hewlett Packard Company pleaded guilty Thursday in federal court in San Francisco to conspiracy and substantive violations of the anti-bribery and accounting provisions of the Foreign Corrupt Practices Act.… Continue Reading
Latvia has completed the process to become a member of the OECD Anti-Bribery Convention. It will become the 41st party to the Convention on May 30.
Prosecutors in Riga, Latvia brought charges last week against six people accused of taking bribes from German vehicle-maker Daimler.
The United States unsealed criminal charges Tuesday against one current and one former executive of French power company Alstom’s U.S. unit for an Indonesia bribery scheme.
Frederic Pierucci, 45, a French citizen and current Alstom executive in charge of sales, was charged in an indictment unsealed Tuesday in the District of Connecticut, where Alstom’s U.S.… Continue Reading
At least seven officials in Latvia, including members from the Riga city council, will be prosecuted for taking bribes from German vehicle-maker Daimler AG in return for public transport contracts.
Latvia’s Corruption Prevention Bureau this month requested the prosecutor’s office to bring the charges based on information provided by U.S.… Continue Reading