Crime Bribery

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  • SAO PAULO, Dec 16- Brazil's prosecutor-general Rodrigo Janot has accused jailed financier André Esteves of influence-peddling and bribery in a corruption probe at state firms, newspaper Valor Econômico said on Wednesday, a day before lawyers expect the nation's top court to decide whether to release the billionaire banker. According to Valor, Janot said...

  • NEW YORK, Dec 15- A suspended deputy U.N. ambassador from the Dominican Republic has asked a U.S. judge to dismiss an indictment accusing him of participating in a bribery scheme, saying he has diplomatic immunity. He is one of six individuals facing charges in connection with an alleged scheme to pay more than $1.3 million in bribes to John Ashe, a former U.N....

  • Shanghai and Beijing were home to most of the offenders, who on average were sentenced to jail at age 47 for 10 years, the report added. President Xi Jinping's widespread crackdown on corruption has also ensnared several billionaires over the past few years, including Xu Ming, a former business ally of disgraced Chinese politician Bo Xilai and the founder of...

  • NIKE ON FIFA-RELATED DOJ PROBE- THERE IS NO ALLEGATION IN DOCUMENTS THAT ANY EMPLOYEE WAS AWARE OF OR KNOWINGLY PARTICIPATED IN ANY BRIBERY SCHEME.

  • PROSECUTOR SAYS VICTIMS OF THE FIFA BRIBERY SCANDAL SUCH AS YOUNG LEAGUES COULD POTENTIALLY APPLY TO THE COURT FOR RESTITUTION.

  • LONDON, Nov 30- ICBC Standard Bank Plc agreed to pay nearly $37 million and enter into a British financial regulator's first deferred prosecution agreement to end probes into bribery of officials in Tanzania. Monday's settlement resolved claims centred on an alleged $6 million bribe paid to Tanzanian officials by the Tanzanian unit of South Africa's...

  • SAO PAULO, Nov 30- Brazil's Grupo BTG Pactual SA looked to new leadership to steer it out of crisis on Monday after controlling shareholder André Esteves resigned as CEO and chairman following his jailing as part of the country's sweeping corruption probe. Shares and bonds in Latin America's largest independent investment bank plummeted, reflecting...

  • *Standard Bank's London arm faces penalties of $32.2 mln. LONDON, Nov 30- A judge approved Britain's first deferred prosecution agreement, a new type of plea deal, on Monday in a case centered on $6 million in bribes paid to Tanzanian officials by the Tanzanian unit of South Africa's Standard Bank. Under the deal with the Serious Fraud Office, the London arm of...

  • SAO PAULO, Nov 30- Brazilian financier André Esteves resigned as chief executive and chairman of Grupo BTG Pactual SA late on Sunday after he was jailed as part of a corruption probe rapidly ensnaring Latin America's largest independent investment bank. It is the first time the bank has been directly implicated in the bribery scandal and the paper said...

  • The lawyer, Edson Ribeiro, was in the United States when Brazilian police jailed Senator Delcidio do Amaral and the chief executive officer of Brazil's biggest independent investment bank on suspicion of obstructing the corruption investigation into state-run oil firm Petrobras. The unprecedented arrests of Amaral, President Dilma Rousseff's point man...

  • INTERVIEW-GSK in China: escaping the shadow of a scandal Wednesday, 25 Nov 2015 | 11:30 PM ET

    *GSK cut 40 pct of China sales reps after bribery scandal. SHANGHAI, Nov 26- GlaxoSmithKline Plc has cut 40 percent of its sales reps in China and axed some units as it eyes a return to growth in 2016, after sales plunged during a bribery scandal that landed it with a record $490 million fine in 2014.. The British firm is gambling on a new, cleaner image to reboot its...

  • Nov 24- A U.S. investigation into potential foreign bribery by Wal-Mart Stores Inc has unearthed evidence of possible misconduct by the company in Brazil, the Wall Street Journal reported, citing documents and people familiar with the matter. In addition to Brazil, the department has been investigating potential violations of the Foreign Corrupt Practices...

  • LIMA, Nov 20- A Peruvian prosecutor said she suspects that U.S.-listed mining company Southern Copper Corp paid opponents to call off protests against its $1.4 billion Tia Maria project while it was waiting for an environmental permit. In that period, when the government was evaluating Southern's second environmental plan for Tia Maria, Gomez paid a protest...

  • CURITIBA, Brazil, Nov 18- Brazilian prosecutors are increasingly turning their attention to bribery by foreign companies in the country's biggest-ever corruption case, a lead prosecutor said in an interview, adding that only one such company had signed a leniency deal so far. Deltan Dallagnol, 35, a relentless anti-corruption advocate, said companies that...

  • CURITIBA, Brazil Nov 16- Brazilian police and prosecutors investigating corruption at Petroleo Brasileiro SA said on Monday they have evidence that bribes were paid as part of the state-run oil company's $1.2 billion purchase of Pasadena Refining Systems Inc in 2006.. At a news conference announcing a new round of searches, seizures and arrests, federal...

  • District Judge Janet Bond Arterton in New Haven followed Alstom's plea on Dec. 22, 2014, to charges it violated the federal Foreign Corrupt Practices Act by falsifying its books and records, and failing to implement adequate internal controls. Alstom pleaded guilty after a probe in which investigators found it paid more than $75 million in bribes over a decade...

  • SAO PAULO, Oct 26- Brazilian police raided the offices of a company owned by the son of former President Luiz Inacio Lula da Silva on Monday as part of a bribery investigation that threatens to drag his family into yet another scandal. The Federal Police said it was investigating a group of companies that allegedly bribed officials in a tax appeals board of the...

  • The panel did recommend that 10 companies be investigated for possibly paying bribes, including Japan's Kawasaki Heavy Industries, the Brazilian unit of Singaporean oil rig builder Keppel Corporation Ltd, and its Singapore- based rival Sembcorp Marine Ltd.. Approval of the report comes the week after Brazil's government said Swiss authorities froze $2.4...

  • BRASILIA, Oct 23- Brazil has started to watch its multinational companies for corrupt practices they might commit in other countries in the wake of a massive bribery scandal at home, the nation's top anti-corruption official told Reuters. Six years after encouraging homegrown conglomerates to expand beyond Brazil with cheap credit and eased regulatory...

  • RIO DE JANEIRO, Oct 23- A final report approved by a Brazilian congressional panel investigating corruption at state-run oil company Petrobras has blamed suppliers and rogue employees for the graft, rather than politicians or the company. Approval of the report comes the week after Brazil's government said Swiss authorities froze $2.4 million in accounts...