Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
The SFO’s decade-long investigation of Paris-based Alstom ended Monday with the sentencing of a UK subsidiary for bribery in Tunisia.… Continue Reading
A former global sales director for Alstom Power Ltd was jailed for four years and six months Friday for his role in a conspiracy to bribe Lithuanian officials to win two contracts worth $274 million. … Continue Reading
Budapest Metro (Image courtesy of Alstom)The UK Serious Fraud Office said Tuesday that it charged another former Alstom executive for bribing foreign officials.
The SFO charged Jean-Daniel Lainé when he appeared at Westminster Magistrates’ Court.… 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
Alstom Chief Executive Officer Patrick Kron (Image courtesy of Alstom)Paris-based Alstom pleaded guilty Monday to bribing officials in Indonesia, Saudi Arabia, Egypt, and the Bahamas. It will pay $772 million in criminal penalties to settle the charges, the DOJ said.… 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
Hewlett-Packard’s $108 million FCPA settlement last week included a guilty plea by its Russia subsidiary to two felonies for conspiracy and substantive violations of the anti-bribery and accounting provisions of the FCPA.… Continue Reading
Reporting corruption in Thailand just got easier with the roll out of a Thai version of a website and smartphone app.
Although a quarter of all Thais say they have to pay bribes at least once a year, the government’s Public Sector Anti-Corruption Commission (PACC) said it only receives about 4,000 complaints a year through its telephone hotline, website and walk-in center.… Continue Reading
Image courtesy of Google Maps Moldova has opened a criminal money-laundering probe connected to the alleged $230 million theft exposed by murdered Russian anti-corruption lawyer Sergei Magnitsky.
Moldova is investigating $53 million that may have laundered through banks there, London-based Hermitage Capital said Monday in a news release. … Continue Reading
Data Systems & Solutions LLC (DS&S) of Reston, Virginia agreed today with the DOJ to pay a criminal penalty of $8.82 million and enter into a two-year deferred prosecution agreement to resolve FCPA offenses.… Continue Reading
