Goldman Sachs CEO David Solomon recently made headlines with his statement at the annual World Economic Forum meeting in Davos, Switzerland. “Starting on July 1 in the United States and Europe we are not going to take a company public unless there’s at least one diverse board candidate, with a focus on women,” Mr.… Continue Reading
The DOJ unsealed an indictment Tuesday against two former executives of Alstom S.A. and a former executive of the Japanese trading company Marubeni Corporation, for allegedly bribing the head of the state-owned power company in Indonesia and members of parliament there.… Continue Reading
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
One of the world’s biggest shipbuilders agreed Friday to pay $75 million in total penalties to resolve criminal FCPA offenses in Brazil.… Continue Reading
Israeli billionaire Beny Steinmetz and two associates are facing criminal charges in Switzerland for allegedly paying bribes to win mining licences in Guinea between 2005 and 2010.
Former SNC-Lavalin CEO Pierre Duhaime pleaded guilty Friday to helping a public servant commit breach of trust.
Following his plea, Duhaime, 64, was sentenced to 20 months house arrest and 240 hours of community service.… Continue Reading
Luxury Swiss watchmaker Hublot announced a new product this week: a $25,000 watch that can only be bought with bitcoin.
The timepiece, called the Big Bang Meca-10 P2P (yes, really), is in celebration of the 10th anniversary of Satoshi Nakamoto’s whitepaper on bitcoin that kicked off the cryptocurrency. … Continue Reading
A former Geneva-based oil trader was given an 18-month suspended sentence for bribing officials in Africa in exchange for oil shipments.
Pascal Collard, a Belgian with Swiss residence, admitted bribing officials in the Congo and Ivory Coast.… Continue Reading