I have never found a culture that truly endorses straight-up bribery. There may be no culture which actually teaches that a suitcase full of cash privately given to an official in exchange for a benefit to which the payor is not legally entitled is a good thing, one that we should not deter even if we could.
The debates about culture and corruption concern the margins of bribery — gift-giving, nepotism, etc.… Continue Reading
The U.S. Justice Department took another big step in its investigation of bribes allegedly paid by Russian and Swedish companies to the eldest daughter of Uzbek President Islam Karimov in exchange for access to the country’s telecoms market.
The DOJ asked authorities in several European countries last week to freeze about $1 billion in assets tied to Gulnara Karimova and alleged bribes from VimpelCom and MTS of Russia and TeliaSonera of Sweden, the Wall Street Journal said.… Continue Reading
The United States asked Swedish authorities to freeze more than $30 million in assets linked to an investigation into possible bribery of Uzbek officials and money laundering, RFE/RL’s Uzbek Service reported Wednesday.… 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
The Uzbek prosecutor-general’s office has said a person named “Karimova G.” is a suspect in a case against an organized criminal group.
“Russia’s RIA Novosti news agency cited an unnamed source in the Uzbek government that mentioned Karimova G.… Continue Reading
The director of the UK Serious Fraud Office said the agency is close to making more arrests in its bribery investigation of jet engine maker Rolls-Royce Holdings Plc.
Two people were arrested in London on Wednesday as part of the Serious Fraud Office’s investigation into aerospace and defense company Rolls Royce’s dealings in Asia.
Individuals : Per-Arne Blomquist, former head of TeliaSonera Eurasia region, Tero Kivasaari, former TeliaSonera CEO Lars Nyberg, daughter of Uzbek president Islam Karimov, Gulnara Islomovna Karimova
Subsector: Telecommunications Equipment
TeliaSonera is under investigation for allegedly paying more than $300 million in bribes to Gayane Avakyana, a middleman for Gulnara Islomovna Karimova to win access to the Uzbek telecom market in 2007.… Continue Reading
Documents leaked to Swedish investigative journalists appear to offer fresh evidence of a link between Swedish telecom giant TeliaSonera and Gulnara Karimova, the daughter of the president of Uzbekistan.… Continue Reading