A Vietnamese official who took bribes from a Japanese company promoting road-building projects was sentenced to life in prison Monday, according to an AP report.
Huynh Ngoc Sy, 57, was found guilty of accepting $262,000 from Pacific Consultants International, or PCI.… Continue Reading
The DOJ said today that three siblings who were former employees of Nexus Technologies Inc., and a former partner in the Philadelphia-based company, were sentenced late yesterday for their roles in a conspiracy to bribe Vietnamese government officials.… Continue Reading
San Jose, California-based VOiP company Veraz Networks, Inc. paid $300,000 to settle charges brought by the SEC that it violated the books and records and internal controls provisions of the Foreign Corrupt Practices Act (FCPA) by making illegal payments to foreign officials in China and Vietnam.… Continue Reading
The Justice Department said Philadelphia-based export company Nexus Technologies Inc. and three employees pleaded guilty today to bribing Vietnamese officials.
Nexus pleaded guilty to conspiracy, and to violating the Foreign Corrupt Practices Act, and the Travel Act in connection with commercial bribes and money laundering.… Continue Reading
VOiP provider Veraz Networks said in an earnings release Thursday that it has reached agreement with the Securities and Exchange Commission to settle Foreign Corrupt Practices Act violations. It said it would pay a civil penalty of $300,000 and agree to entry of an injunction “prohibiting violations of the non-fraud provisions” of the FCPA.… Continue Reading
If you haven’t seen (or heard) last week’s episode of Bill Moyers’ Journal on PBS called LBJ’s Path To War, it’s something special. The hour-long program consists almost entirely of excerpts from President Johnson’s recorded phone calls with advisors and congressional leaders.… Continue Reading
Last month we reported the conviction in a Tokyo court of three Japanes executives and their company on charges of bribing a senior Vietnamese government official. The illegal payments of $820,000 were intended to secure contracts for road projects backed by Japanese aid money.… Continue Reading