We’ve tabulated all countries reported in connection with the ten enforcement actions that comprise the latest FCPA Blog Top Ten list. Twenty-six different countries appear. Four of those countries are mentioned three times, and three appear twice.… 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
Airbus SE paid $4 billion (€3.6 billion) to settle global bribery and trade charges with French, UK, and U.S. authorities Friday after an eight-year investigation triggered by a British whistleblower.… Continue Reading
The Department of Justice said Thursday it is returning about $1.5 million to Taiwan that came from the sale of a forfeited New York condo and a Virginia home bought with bribe money paid to the family of Taiwan’s former president.… Continue Reading
Former El Salvador president Francisco Flores has turned himself in to authorities to face embezzlement and illicit enrichment charges related to a donation by the government of Taiwan.
U.S. prosecutors asked a federal judge Monday to sentence former Guatemalan President Alfonso Portillo to almost six years in jail following Portillo’s admission to taking $2.5 million in bribes from Taiwan.… Continue Reading
The former president of Guatemala pleaded guilty in federal court in New York Tuesday to taking $2.5 million in bribes from Taiwan in exchange for continuing to recognize the country diplomatically.… Continue Reading
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
Company Involved: Taipei Gateway International Development
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
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 million) from Chen Chi-hsiang, the owner of Kaohsiung-based Dih Yeon Industrial Co.,… Continue Reading
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
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