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Crime Bribery

  • BRASILIA, April 28- Brazilian Supreme Court justice Gilmar Mendes ordered the release from jail of former mining and oil magnate Eike Batista, once the country's richest man, ahead of his trial on corruption charges, the court said on Friday. He is expected to stand trial along with an ex- Rio de Janeiro governor who allegedly took millions in bribes from the former...

  • LONDON, April 28- Libya's $67 billion sovereign wealth fund will go head-to-head with Societe Generale in London's High Court on Tuesday over claims the French investment bank paid $58.5 million in bribes to secure business from the fund. The Libyan Investment Authority is pursuing SocGen in relation to five trades totalling $2.1 billion, executed between...

  • MADRID, April 20- A Spanish High Court graft inquiry that has led to the arrests of people linked to the ruling People's Party widened on Thursday as police searched the offices of construction group OHL and technology firm Indra. Mariano Rajoy is not accused of any wrongdoing, but the investigation is an embarrassment for the Spanish Prime Minister who has...

  • SAO PAULO, April 19- A judge in the Dominican Republic on Wednesday approved terms of a $184 million fine on Odebrecht SA, which sought a plea deal after admitting to bribing officials to win contracts in the country. The accord is the first of about 10 that Odebrecht wants to settle across Latin America and Africa. Odebrecht admitted to bribing officials in 12...

  • Former President Park

    Byoung-Joo Kim of Hankuk University of Foreign Studies explains how public opinion has influenced the corruption trial and could impact Park's sentencing.

  • Prosecutors indicted Park on 18 charges, including bribery and abuse of power, for her role in a corruption scandal, reports Chery Kang from Seoul.

  • SEOUL, April 17- South Korean prosecutors on Monday charged ousted president Park Geun-hye and Lotte Group chairman Shin Dong- bin with bribery in the latest twist to a corruption scandal that rocked the country for months. Lotte, South Korea's fifth-biggest conglomerate, is grappling with the Chinese shutdown of dozens of its stores in China, after it agreed to...

  • RIO DE JANEIRO, April 13- A former senior executive of Brazilian engineering company Odebrecht SA has accused President Michel Temer of presiding over a meeting to solicit a $40 million illegal payment in 2010, according to video testimony released on Tuesday. Prosecutors have said Temer cannot be investigated for offenses committed before he assumed the...

  • RIO DE JANEIRO, April 13- A former senior executive of Brazilian engineering company Odebrecht SA has accused President Michel Temer of presiding over a meeting to solicit a 40 million reais illegal payment in 2010, according to video testimony released on Tuesday. Prosecutors have said Temer cannot be investigated for offenses committed before he assumed...

  • BRASILIA, April 12- Brazil's President Michel Temer urged lawmakers on Wednesday to push ahead with business as usual, a day after a Supreme Court justice ordered corruption probes into 98 politicians, including leading legislators and a third of his cabinet. Temer avoided commenting on the unprecedented wave of investigations triggered by plea bargain...

  • BRASILIA, April 12- Brazil's President Michel Temer urged lawmakers to carry on with business as usual on Wednesday, a day after a Supreme Court justice ordered corruption probes into nearly 100 politicians, including leading lawmakers and a third of his cabinet. The investigation of eight government ministers, the heads of both chambers of Congress and...

  • SAO PAULO, April 11- Brazilian police carried out arrests and raids on Tuesday as part of an investigation into corruption at a public hospital in Rio de Janeiro, building on three years of graft probes that have shaken the political establishment. Federal police said they had three arrest warrants and 20 search warrants, and they were bringing three people in...

  • LIMA, April 9- A federal judge in Peru ordered 18 months of preventive prison pending a full trial for the sitting governor of the country's Callao region, who is accused of accepting a $4 million bribe from Brazilian construction company Odebrecht SA. In December, Odebrecht admitted publicly that it had doled out hundreds of millions in bribes to unnamed...

  • Jay Y. Lee, the 48- year-old boss of Samsung Group, is on trial on charges including bribery and embezzlement in a scandal that led to the ouster of President Park Geun-hye. "The defendant, Jay Y. Lee, didn't even know that the contribution was made, because that's not part of his job," his lawyer, Song Wu-cheol, told the court. Choi, a former Samsung Group vice chairman...

  • SEOUL, April 7- The third-generation leader of South Korea's top conglomerate was mostly silent at his first court appearance in what has been called the "trial of the century," as his lawyers laboured to portray him as an innocent bystander in a graft scandal. Jay Y. Lee, the 48- year-old boss of Samsung Group, is on trial on charges including bribery and embezzlement...

  • *Trade Ministry imposes new measures to fight graft. BAGHDAD, April 6- Two years ago, corruption was so rampant in Iraqs wheat procurement programme that even Islamic State militants cashed in by smuggling the strategic commodity across the border from Syria with the suspected collusion of Trade Ministry officials. Abdul Kareem's bodyguards are awaiting...

  • MEXICO CITY, April 5- State-owned oil company Pemex said on Wednesday that Mexican prosecutors have called for testimony from Pemex officials in an investigation of a bribery scandal around Brazil- based builder Odebrecht. Pemex also signed two contracts with Odebrecht for the construction at the Tula refinery in central Mexico. According to the U.S. court...

  • *Thomson Reuters survey tips $8.4 bln Q1 profit, a 3.5- year high. Vice Chairman Jay Y. Lee is on trial for bribery and other charges linked to a corruption scandal that led to the ouster and arrest of South Korean President Park Geun-hye. A Thomson Reuters survey of 18 analysts has on average estimated Samsung's January-March operating profit to have risen 41...

  • WASHINGTON, April 4- Kara Novaco Brockmeyer, the attorney at the U.S. Securities and Exchange Commission who oversees the unit that polices foreign bribery laws, plans to depart the SEC later this month, the regulator announced Tuesday. Brockmeyer, a 17- year veteran of the SEC, has led the Foreign Corrupt Practices Act unit since 2011.. Trump's pick to lead the SEC,...

  • LIMA, March 31- Public prosecutors in Peru have opened a preliminary probe into the country's former President Alan Garcia as part of a far-reaching inquiry into bribes that Brazilian builder Odebrecht SA has acknowledged distributing to win local contracts, a source in the attorney general's office said Friday. Garcia's representatives did not...