Skip to content

Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
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

Bill Steinman
Contributing Editor

Former Foxconn managers charged in Taiwan bribe case

Several former employees of Apple supplier Foxconn were charged with bribery Thursday by Taiwan prosecutors after a year-long investigation.

Foxconn is the world’s largest electronics contract manufacturer and one of Apple’s biggest suppliers.… Continue Reading

Global Contagion Report: Taipei Gateway International Development

Country: Taiwan

Company Involved: Taipei Gateway International Development

Industry: Financials

Industry Subsector: Real Estate Holding & Development

Officials Involved: Lai Su-ju, Taipei city councilor; Jia Er-ching, former Taipei City Department of Rapid Transit Systems (DORTS) official; Chiu Da-chan, Taipei finance commissioner; Lin Hsun-chieh, DORTS joint development division chief

Enforcement Action: Investigation

Summary: Investigators are probing allegations that Lai Su-ju solicited bribes of NT$4 million (US $134,000) from a middleman in exchange for advancing a proposal to grant advantages to private landowners.… Continue Reading

Global Contagion Report: Dih Yeon Industrial Co.

Country: Taiwan

Company Involved: Dih Yeon Industrial Co.

Industry: Basic Materials

Industry Subsector: Iron & Steel

Official Involved: Lin Yi-shih, former secretary-general of Taiwan’s cabinet

Enforcement Action: Charge

Summary: Prosecutors are requesting a life sentence for Lin Yi-shih, who was charged last year with accepting NT$63 million (US$2.1… Continue Reading

Former China compliance officer sues Siemens for retaliation

A compliance officer for Siemens’ heathcare business in China said in a federal lawsuit this week that he was fired a week after complaining about the company’s risky business practices.

Meng-Lin Liu filed a whistleblower retaliation case against Siemens under the Dodd-Frank Wall Street Reform and Consumer Protection Act in federal court in New York.… Continue Reading

Foxconn launches internal bribery probe

Taiwan-based contract manufacturer Foxconn Technology Group has disclosed it is investigating allegations of bribery within its supply chain.
 
Foxconn is perhaps best known as the maker of Apple’s iPhone. Its client list also includes Panasonic, Nokia, Samsung, and Sony.… Continue Reading

Qualcomm investigation grows

Qualcomm said this week it has stepped up a review of its FCPA compliance, while the DOJ and SEC continue to investigate the company.

San Diego-based Qualcomm hasn’t identified what business units or countries are involved or the amounts of any alleged sensitive payments.… Continue Reading