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
Posts Tagged: Tunisia
In 2007 Dick Cassin had the idea of starting the FCPA Blog. His mission: “to help compliance professionals and others everywhere understand how corruption happens, what it does to people and institutions, and how anti-corruption laws and compliance programs work.”… Continue Reading
An excellent paper written by Roger Alford conceptualized the broken windows theory in corruption premised around the idea of a building with a few broken windows: If the windows are not repaired, the tendency may be for vandals to break a few more windows.… Continue Reading
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
The Serious Fraud Office said Thursday it has started criminal proceedings “against an Alstom company in the UK by written charge.”
Alstom Network UK Ltd, formerly called Alstom International Ltd, a UK subsidiary of Alstom, was charged with three corruption offenses, and three counts of conspiracy to corrupt.… Continue Reading
The United States unsealed criminal charges Tuesday against one current and one former executive of French power company Alstom’s U.S. unit for an Indonesia bribery scheme.
Frederic Pierucci, 45, a French citizen and current Alstom executive in charge of sales, was charged in an indictment unsealed Tuesday in the District of Connecticut, where Alstom’s U.S.… Continue Reading
Last month, Tunisia’s citizens decided they’d finally had enough of their kleptomaniacal president Ben Ali, who managed to escape to Saudi Arabia.
By the time of his hasty departure, he’d ruled the country for 23 years and reportedly had expropriated for the private enjoyment of himself and his family about a third of the country’s economy.… Continue Reading