Crime Bribery

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  • 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...

  • 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...

  • SAO PAULO, Feb 1- An overwhelming majority of Brazilians want an investigation into a sprawling kickback scheme at state-controlled oil producer Petrobras to continue despite concern it is hurting the nation's ailing economy, according to a poll released on Monday. That makes Rousseff the most unpopular president since Brazil's return to democracy three...

  • Federal judge Sergio Moro said Jorge Zelada had unduly awarded U.S. company Vantage Drilling a 2009 contract with Petrobras for the drillship Titanium Explorer in exchange for bribes stashed in undeclared accounts in Monaco and Switzerland. Prosecutors said together Zelada and Musa took $31 million in bribes from Padilha and Hsin Chi Su, chief executive of...

  • RIO DE JANEIRO, Jan 28- Brazil's Petrobras said on Thursday it will cut about one in five management jobs, streamline operations and boost oversight as the state-led oil company adapts to low oil prices and tries to boost confidence after a corruption scandal. Bendine and Petrobras are struggling with a nearly 50 percent decline in the price of oil in the past...

  • SAO PAULO, Jan 27- Beach-side apartments in Brazil may have been used as bribes and to launder money for members of the ruling Workers' Party, police and prosecutors said on Wednesday after ordering six arrests and 15 search warrants. The apartments were held in the name of front companies, such as Murray Holdings LLC that was registered by Panama- based Mossack...

  • KIEV, Jan 26- The manager of Danone Nutricia in Ukraine cannot for legal reasons say whether the Ukrainian tax authorities demanded bribes to drop an audit into his business. Though it has been in Ukraine since 2001, the company, a subsidiary of French food group Danone, was handed a 15-20 percent higher tax bill after auditors spent five weeks looking for minor...

  • TOKYO, Jan 21- Japanese Economics Minister Akira Amari said on Thursday he is investigating accusations that he and his aides took bribes from a construction company but that he was confident he had not done anything wrong. The publication said an official at an unidentified construction company admitted passing 12 million yen to Amari and his aides who then...