Crime Bribery

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  • BRASILIA, March 3- Brazilian ruling party Senator Delcido do Amaral, arrested in November on obstruction of justice charges, has agreed to a plea bargain implicating President Dilma Rousseff and ex-President Luiz Inacio Lula da Silva in the Petrobras graft scandal, local media reported on Thursday. O Estado did not identify sources for its information but...

  • SAO PAULO, March 2- A majority of Brazil's Supreme Court voted to accept corruption charges against lower house speaker Eduardo Cunha on Wednesday, putting him on trial for allegedly accepting bribes on contracts for two drill ships leased by state oil company Petrobras. But the case against him at the Supreme Court, the only court that can try elected officials...

  • SAO PAULO, March 2- Brazil's Supreme Court voted to accept corruption charges against lower house speaker Eduardo Cunha on Wednesday, putting him on trial for allegedly accepting bribes on contracts for two drill ships leased by state oil company Petrobras. The ruling weakens Cunha, a bitter political rival of President Dilma Rousseff, as he struggles to fend...

  • The agreement involves the Japanese company's U.S. Olympus Corp of the Americas and Olympus Latin America Inc unit, the Justice Department said. The misconduct helped the unit obtain more than $600 million in sales and $230 million in gross profits, the Justice Department said. Olympus Corp of the Americas agreed to pay a $312.4 million criminal penalty and an...

  • BRASILIA, Feb 29- Brazil's justice minister has resigned amid a firestorm in the ruling Workers' Party over his failure to curb a corruption probe that has targeted prominent figures including the country's popular former president, Luiz Inacio Lula da Silva. Jose Eduardo Cardozo, who had served as justice minister since 2011, will be replaced by Wellington...

  • OSLO, Feb 24- Telenor's newly-appointed Chairwoman Gunn Waersted promised an overhaul of the Norwegian telecoms operator on Wednesday in response to a corruption settlement by Vimpelcom's, in which it owns a stake. Amsterdam- based Vimpelcom announced on Feb. 18 it would pay $795 million to resolve U.S. and Dutch probes into a bribery scheme in Uzbekistan, in the...

  • Brazilian prosecutors said the Swiss had arrested Fernando Migliaccio da Silva, an executive with engineering group Odebrecht SA, one of the largest companies at the center of a price fixing and political kickback scandal. The arrest could provide more evidence against Latin America's largest engineering firm and its former chief executive Marcelo...

  • After flagging suspected bribery and saying the radar equipment did not meet requirements, the government last year sought the approval of Panama's Supreme Court to cancel the contract with Finmeccanica unit Selex. Under the settlement, Finmeccanica will supply Panama with an AgustaWestland helicopter free of charge, while Panama committed to withdraw...

  • SAO PAULO/ LIMA, Feb 23- Brazilian police have uncovered evidence that Peruvian President Ollanta Humala may have received $3 million in bribes from engineering and construction conglomerate Odebrecht, according to federal court filings in Brazil. The court papers, made public on Monday, show that documents seized from Marcelo Odebrecht, the jailed former...

  • RIO DE JANEIRO, Feb 23- João Santana, the architect of Brazilian President Dilma Rousseff's 2010 and 2014 campaigns, landed in Brazil from the Dominican Republic on Tuesday and was taken in a police jet to the city of Curitiba, the epicenter of a massive corruption probe, his spokesman said. They said Santana also appeared to have received bribes in 2013 and 2014...

  • SAO PAULO/ LIMA, Feb 23- Brazilian police are investigating potential bribes of $3 million from Latin America's largest engineering conglomerate Odebrecht to Peruvian President Ollanta Humala, court documents showed. Odebrecht has won contracts worth several billions in Peru in the past decade, including a $5 billion natural gas pipeline during Humala's...

  • SAO PAULO/ RIO DE JANEIRO, Feb 22- Federal investigators on Monday launched a round of arrests and raids targeting the manager of President Dilma Rousseff's election campaigns and Brazil's largest engineering group in the latest stage of the nation's biggest corruption probe. Prosecutors said in a statement they were also looking into possible bribes paid...

  • NEW YORK/ AMSTERDAM, Feb 18- Amsterdam- based telecommunications operator VimpelCom Ltd on Thursday said it would pay $795 million to resolve U.S. and Dutch probes into a bribery scheme in Uzbekistan, in the second largest global anti-corruption settlement in history. The settlement was announced in a federal court in Manhattan, where a subsidiary pleaded...

  • NEW YORK, Feb 18- Amsterdam- based telecommunications operator VimpelCom Ltd on Thursday said it would pay $795 million to resolve U.S. and Dutch probes into a bribery scheme in Uzbekistan, in the second largest global anti-corruption settlement in history.

  • SAO PAULO, Feb 17- Supporters and opponents of Luiz Inacio Lula da Silva clashed in street protests on Wednesday after the suspension of planned questioning in an investigation into a beach apartment that prosecutors say was given to the former president by a company involved in a major corruption scandal. A massive federal investigation into a bribery...

  • The trips, which occurred from around 2006 to 2011, were purportedly for training at PTC's Needham, Massachusetts headquarters but were mostly for recreational excursions, including to New York, Los Angeles, Las Vegas and Hawaii, the department and the SEC said in statements. In its settlement with the SEC, PTC also agreed to return $11.9 million in profits it...

  • Feb 16- Two units of Massachusetts- based software company PTC Inc will pay $14.5 million to resolve a probe into whether they improperly provided recreational travel to Chinese officials, the U.S. Department of Justice said on Tuesday. The penalty is part of a non-prosecution agreement the company reached with the Justice Department to resolve possible...

  • *Company sets aside $245 m for settlement in Brazil. The company reached a record $240 million settlement in November 2014 with Dutch and U.S. authorities relating to corruption charges in Angola, Brazil and Equatorial Guinea, over an estimated $200 million in bribes paid between 2007 and 2011.. The company, which generates roughly 60 percent of revenue in...

  • RIO DE JANEIRO, Feb 10- A group of international investors and law firms are seeking compensation from Brazil's state-led oil company Petrobras under European law for losses allegedly suffered as the result of a giant price-fixing, bribery and political kickback scandal. SPCF believes it has a claim against Petrobras under European securities law because...

  • NEW YORK, Feb 4- A suspended deputy United Nations ambassador from the Dominican Republic cannot claim diplomatic immunity to avoid U.S. charges that he participated in a vast bribery scheme, a U.S. judge ruled on Thursday. District Judge Vernon Broderick in Manhattan ruled that as a naturalized U.S. citizen, neither treaty obligations nor federal law entitled...