Crime Bribery

  • TEL AVIV, Dec 20- Israeli police said on Tuesday they have arrested a second businessman in an investigation concerning allegations of bribery and corruption in Africa involving mining billionaire Beny Steinmetz. The joint investigation is being conducted by agencies from the United States, Switzerland, Guinea and Israel in coordination with the OECD.

  • *BSGR says Guinea initiated investigations. TEL AVIV/ LONDON, Dec 19- Israeli authorities placed billionaire businessman Beny Steinmetz under house arrest on Monday over allegations of bribery and corruption in Africa linked to his mining company, BSG Resources. BSGR said in a separate statement that the investigations were initiated by the government of...

  • RIO DE JANEIRO, Dec 19- Former Brazilian leader Luiz Inacio Lula da Silva will face a fifth corruption trial, a judge ruled on Monday, as charges pile up against the man seen as a front-runner to win the 2018 presidential election. Judge Sergio Moro, who has overseen the bulk of Brazil's biggest graft probe into a long-standing kickback scheme at state-run oil...

  • CONAKRY, Dec 19- Israel's brief detention of billionaire businessman Beny Steinmetz on Monday over allegations of bribery is linked to a Guinean corruption investigation started in 2011, Guinea's government said.

  • *BSGR says Guinea government initiated investigations. TEL AVIV/ LONDON, Dec 19- Israeli authorities placed billionaire businessman Beny Steinmetz under house arrest on Monday over allegations of bribery and corruption in Africa linked to his mining company, BSG Resources. BSGR said in a separate statement that the investigations were initiated by the...

  • LONDON, Dec 19- Billionaire businessman Beny Steinmetz has been detained by Israeli police for questioning in relation to allegations of bribery and corruption in Africa, mining company BSG Resources said on Monday. Israeli police did not name the individual but said in a statement that he, along with other Israelis living abroad, was suspected of paying tens...

  • LONDON, Dec 19- Mining company BSG Resources said on Monday Israeli police had detained for questioning Beny Steinmetz, one of Israel's richest men. "This development is in the aftermath of ongoing and what BSGR believes to be obsolete investigations surrounding bribery and corruption against BSGR," BSGR said in a statement, adding it believed the allegations...

  • MILAN, Dec 16- Italy's highest court on Friday ordered a re-trial of former top executives at defence group Leonardo Finmeccanica over allegations of bribery in a 2010 contract to provide a dozen helicopters to the Indian government. Last week India's federal police arrested the former head of the air force S.P. Tyagi, 71, who was at the centre of allegations of...

  • SAO PAULO, Dec 14- Brazil's Braskem SA, the largest petrochemical producer in Latin America, signed a leniency deal on Wednesday with Brazilian prosecutors leading a sweeping corruption probe into political kickbacks at state-run oil company Petrobras, the company said in a securities filing. The company agreed to pay 3.1 billion reais in fines to Brazilian...

  • LONDON, Dec 14- UK prosecutors have closed a 17- month investigation into alleged bribery and corruption at Soma Oil& Gas, a private UK exploration company seeking oil in Somalia, despite finding "reasonable grounds" to suspect wrongdoing. Soma, one of the first energy explorers to enter Somalia in 2013 after more than two decades of conflict, has vigorously denied...

  • LONDON, Dec 14- UK prosecutors have closed a 17- month investigation into alleged bribery and corruption at Soma Oil& Gas, a private UK exploration company seeking oil in Somalia, despite finding "reasonable grounds" to suspect wrongdoing. The Serious Fraud Office, which opened the inquiry last July after a tip-off from the United Nations' Somalia and Eritrea...

  • SAO PAULO, Dec 13- A Brazilian federal court dropped a case against Joseph Safra, the world's richest banker, over an alleged scheme to pay bribes to government officials in return for waiving tax debts. The media office of the Brasilia- based Regional Federal Tribunal for the 1st Region said the decision favoring Safra was approved by the court in a 2- to-1 ruling.

  • Samuel Mebiame, a son of the late former Gabon Prime Minister Leon Mebiame, entered his plea in federal court in Brooklyn to conspiracy to violate the U.S. His plea came after Och-Ziff and its chief executive, Daniel Och, agreed in September to pay $412 million and $2.17 million, respectively, to resolve U.S. probes into the hedge fund's role in bribing officials in...

  • Samuel Mebiame, the 43- year-old son of the late former Gabon Prime Minister Leon Mebiame, entered his plea in federal court in Brooklyn to conspiracy to violate the U.S. His plea came after Och-Ziff and CEO Daniel Och in September agreed to pay $412 million and $2.17 million, respectively, to resolve U.S. probes into the hedge fund's role in bribing officials in...

  • Samuel Mebiame, the 43- year-old son of the late former Gabon Prime Minister Leon Mebiame, entered his plea in federal court in Brooklyn to conspiracy to violate the U.S.

  • NEW DELHI, Dec 9- India's federal police arrested the former head of the air force on Friday in an investigation into allegations of bribery in a contract to buy for a dozen AgustaWestland helicopters, an official said. Retired air chief marshal S.P. Tyagi, 71, has been at the centre of allegations of impropriety in the 560 million-euro deal to buy the helicopters...

  • WASHINGTON, Dec 7- Teva Pharmaceutical Industries is investigating claims by an anonymous tipster that the company bribed state healthcare workers in Romania to get them to prescribe its medication, a Teva spokeswoman said. The internal probe, which has not previously been reported, comes as the Israel- based company prepares to settle U.S. government...

  • MANILA/ HONG KONG, Dec 7- Philippines President Rodrigo Duterte has ordered the arrest of Jack Lam, one of Asia's top casino kingpins, on charges of economic sabotage and bribery, according to the country's police chief. Lam is not in the Philippines currently, national police chief Ronald Dela Rosa told reporters on Wednesday. On Wednesday, Dela Rosa said Lam had...

  • Dec 5- A unit of Venezuela's state-run oil company PDVSA has asked a U.S. court to order two businessmen to compensate it for carrying out a "staggering" bribery scheme that cost the company $600 million in losses. A motion filed last Wednesday in federal court in Houston marked the first time PDVSA had formally intervened in the case, part of a U.S. Justice...

  • BRASILIA, Dec 5- Brazilian police raided the homes of two former members of a parliamentary inquiry into graft at state oil company Petrobras on Monday, seeking evidence they extorted money from contractors who wanted to avoid being summoned as witnesses. The searches were conducted at the homes and offices of former senator Vital do Rego, who chaired the 8-...