Crime Bribery

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  • 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...

  • BRASILIA, Oct 22- Brazil has told Dutch SBM Offshore NV, the world's top oil production ship leaser, to agree soon to a $250 bribery settlement if it wants to regain its biggest client in the world's largest oilship market, a government source told Reuters. The settlement, which has been under negotiation for months, would lift a ban on the Amsterdam- based firm from...

  • Brazil gives SBM ultimatum in $250 mln bribery settlement Wednesday, 21 Oct 2015 | 11:30 PM ET

    BRASILIA, Oct 22- Brazil has told Dutch SBM Offshore NV, the world's top oil production ship leaser, to agree soon to a $250 bribery settlement if it wants to regain its biggest client in the world's largest oilship market, a government source told Reuters. The settlement, which has been under negotiation for months, would lift a ban on the Amsterdam- based firm from...

  • Oct 19- A federal probe into allegations of corruption at Wal-Mart Stores Inc's Mexico operations has found few major offenses, and is likely to result in a much smaller case than investigators expected, the Wall Street Journal reported, citing people familiar with the situation. U.S. lawmakers launched an investigation after the New York Times reported in...

  • The Communist Party's official newspaper and its economic planning agency were also singled out by the Central Commission for Discipline Inspection in its latest reports under President Xi Jinping's three-year-old anti-graft drive. The CCDI said it also uncovered bribe-taking, at Civil Aviation Administration of China, the industry regulator, as well...

  • NEW YORK, Oct 16- A billionaire real estate developer from Macau accused by U.S. authorities of bribing a former United Nations General Assembly president won the right on Friday to leave jail on a $50 million bond and live under house arrest in a luxury Manhattan apartment. Magistrate Judge Kevin Fox in Manhattan accepted a proposal by Ng's new attorneys to...

  • Oct 13- The Securities and Exchange Commission is preparing to file civil charges against Oreo cookies maker Mondelez International Inc in connection with a long-running investigation of payments its Cadbury unit made in India, the Wall Street Journal reported, citing people familiar with the matter. Mondelez is unlikely to face any criminal bribery...

  • Oct 13- The Securities and Exchange Commission is preparing to file civil charges against Oreo cookies maker Mondelez International Inc in connection with a long-running investigation of payments its Cadbury unit made in India, the Wall Street Journal reported, citing people familiar with the matter. Mondelez is unlikely to face any criminal bribery...

  • BEIJING, Oct 13- A former top executive at Chinese automaker FAW Car Co Ltd has been expelled from China's Communist Party and handed over to legal authorities suspected of bribery, the official Xinhua news agency reported on Tuesday. Zhang is suspected of taking bribes when he was an executive vice president in the Audi sales division at FAW-Volkswagen, a joint...

  • President Xi Jinping has spent the past three years waging war on deep-seated corruption, saying it threatens the very survival of the ruling Communist Party. A court in Hanjiang in the central province of Hubei jailed Jiang Jiemin, the former head of state-owned China National Petroleum Corporation, the country's top energy group, for 16 years for bribery and...

  • NEW YORK, Oct 9- A deputy United Nations ambassador from the Dominican Republic facing U.S. charges over a bribery scheme had his bail set at $2 million on Friday, despite a prosecutor's warnings that he poses a flight risk. Brian Bieber, Lorenzo's lawyer, sought to assure Pitman that Lorenzo would return to court, adding the Dominican Republic had just suspended...

  • NEW YORK, Oct 6- U.S. authorities charged a former president of the United Nations General Assembly, a billionaire Macau real estate developer and four others on Tuesday for engaging in a wide-ranging corruption scheme. John Ashe, a former U.N. ambassador from Antigua and Barbuda who was general assembly president from 2013 to 2014, was accused in a complaint...

  • UNITED NATIONS, Oct 6- U.N. Secretary-General Ban Ki- moon was shocked by allegations that John Ashe, a former president of the United Nations General Assembly, took more than $1.3 million in bribes, Ban's spokesman said on Tuesday. "The secretary-general was shocked and deeply troubled to learn this morning of the allegations against John Ashe, the former...

  • NEW YORK, Oct 6- U.S. authorities charged a former president of the United Nations General Assembly, a billionaire Macau real estate developer and four others on Tuesday for engaging in a wide-ranging corruption scheme. John Ashe, the U.N. ambassador from Antigua and Barbuda who was president in 2013, was accused in a complaint filed in federal court in New York of...

  • The office of Preet Bharara, U.S. attorney of the Southern District of New York, shown here in September, is leading an investigation that centers on alleged bribery by Chinese business people, according to people familiar with the matter.

    U.S. Federal law-enforcement authorities are investigating an alleged bribery scheme tied to the United Nations, the WSJ reported.

  • U.S. government probes alleged UN bribery scheme-WSJ Tuesday, 6 Oct 2015 | 12:35 AM ET

    Oct 6- U.S. law enforcement authorities are investigating an alleged bribery scheme involving payments to officials at the United Nations to gain support for real estate developments in Macau, the Wall Street Journal reported, citing people familiar with the matter. Last month's arrests of Macau real-estate mogul Ng Lap Seng, and his assistant, Jeff Yin, are...

  • *Telenor seeks to sell 33 pct stake in Vimpelcom. *Vimpelcom has been headache for Telenor. OSLO, Oct 5- Norwegian telecoms firm Telenor wants to sell its 33- percent stake in Vimpelcom, currently valued at $2.3 billion, the latest move by a Nordic telecoms firm to sever ties with a business facing a bribery investigation.

  • Under a plea deal, Truppel, a citizen of Germany and Argentina, agreed to cooperate with authorities. Siemens in 2008 agreed to pay over $1.3 billion to resolve wide-ranging bribery investigations in the United States and Germany involving the German engineering group. As part of that deal, Siemens and its subsidiary in Argentina pleaded guilty in the United...

  • Truppel, the first of the defendants to appear in court to answer the U.S. charges, voluntarily returned from Argentina, according to a spokesman for Preet Bharara, the U.S. Siemens in 2008 agreed to pay over $1.3 billion to resolve wide-ranging bribery investigations in the United States and Germany involving the German engineering group.