Crime Bribery

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  • NEW YORK, Dec 15- A suspended deputy U.N. ambassador from the Dominican Republic has asked a U.S. judge to dismiss an indictment accusing him of participating in a bribery scheme, saying he has diplomatic immunity. He is one of six individuals facing charges in connection with an alleged scheme to pay more than $1.3 million in bribes to John Ashe, a former U.N....

  • Shanghai and Beijing were home to most of the offenders, who on average were sentenced to jail at age 47 for 10 years, the report added. President Xi Jinping's widespread crackdown on corruption has also ensnared several billionaires over the past few years, including Xu Ming, a former business ally of disgraced Chinese politician Bo Xilai and the founder of...

  • NIKE ON FIFA-RELATED DOJ PROBE- THERE IS NO ALLEGATION IN DOCUMENTS THAT ANY EMPLOYEE WAS AWARE OF OR KNOWINGLY PARTICIPATED IN ANY BRIBERY SCHEME.

  • PROSECUTOR SAYS VICTIMS OF THE FIFA BRIBERY SCANDAL SUCH AS YOUNG LEAGUES COULD POTENTIALLY APPLY TO THE COURT FOR RESTITUTION.

  • LONDON, Nov 30- ICBC Standard Bank Plc agreed to pay nearly $37 million and enter into a British financial regulator's first deferred prosecution agreement to end probes into bribery of officials in Tanzania. Monday's settlement resolved claims centred on an alleged $6 million bribe paid to Tanzanian officials by the Tanzanian unit of South Africa's...

  • SAO PAULO, Nov 30- Brazil's Grupo BTG Pactual SA looked to new leadership to steer it out of crisis on Monday after controlling shareholder André Esteves resigned as CEO and chairman following his jailing as part of the country's sweeping corruption probe. Shares and bonds in Latin America's largest independent investment bank plummeted, reflecting...

  • *Standard Bank's London arm faces penalties of $32.2 mln. LONDON, Nov 30- A judge approved Britain's first deferred prosecution agreement, a new type of plea deal, on Monday in a case centered on $6 million in bribes paid to Tanzanian officials by the Tanzanian unit of South Africa's Standard Bank. Under the deal with the Serious Fraud Office, the London arm of...

  • SAO PAULO, Nov 30- Brazilian financier André Esteves resigned as chief executive and chairman of Grupo BTG Pactual SA late on Sunday after he was jailed as part of a corruption probe rapidly ensnaring Latin America's largest independent investment bank. It is the first time the bank has been directly implicated in the bribery scandal and the paper said...

  • The lawyer, Edson Ribeiro, was in the United States when Brazilian police jailed Senator Delcidio do Amaral and the chief executive officer of Brazil's biggest independent investment bank on suspicion of obstructing the corruption investigation into state-run oil firm Petrobras. The unprecedented arrests of Amaral, President Dilma Rousseff's point man...

  • *GSK cut 40 pct of China sales reps after bribery scandal. SHANGHAI, Nov 26- GlaxoSmithKline Plc has cut 40 percent of its sales reps in China and axed some units as it eyes a return to growth in 2016, after sales plunged during a bribery scandal that landed it with a record $490 million fine in 2014.. The British firm is gambling on a new, cleaner image to reboot its...

  • Nov 24- A U.S. investigation into potential foreign bribery by Wal-Mart Stores Inc has unearthed evidence of possible misconduct by the company in Brazil, the Wall Street Journal reported, citing documents and people familiar with the matter. In addition to Brazil, the department has been investigating potential violations of the Foreign Corrupt Practices...

  • LIMA, Nov 20- A Peruvian prosecutor said she suspects that U.S.-listed mining company Southern Copper Corp paid opponents to call off protests against its $1.4 billion Tia Maria project while it was waiting for an environmental permit. In that period, when the government was evaluating Southern's second environmental plan for Tia Maria, Gomez paid a protest...

  • CURITIBA, Brazil, Nov 18- Brazilian prosecutors are increasingly turning their attention to bribery by foreign companies in the country's biggest-ever corruption case, a lead prosecutor said in an interview, adding that only one such company had signed a leniency deal so far. Deltan Dallagnol, 35, a relentless anti-corruption advocate, said companies that...

  • CURITIBA, Brazil Nov 16- Brazilian police and prosecutors investigating corruption at Petroleo Brasileiro SA said on Monday they have evidence that bribes were paid as part of the state-run oil company's $1.2 billion purchase of Pasadena Refining Systems Inc in 2006.. At a news conference announcing a new round of searches, seizures and arrests, federal...

  • District Judge Janet Bond Arterton in New Haven followed Alstom's plea on Dec. 22, 2014, to charges it violated the federal Foreign Corrupt Practices Act by falsifying its books and records, and failing to implement adequate internal controls. Alstom pleaded guilty after a probe in which investigators found it paid more than $75 million in bribes over a decade...

  • 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.

  • Petrobras facing heat from Feds

    Brazil's Petrobras under investigation for alleged violations of the U.S. Foreign Corrupt Practices Act. May face $1.6 billion in fines. - Reuters.

  • China's new President Xi Jinping (R) talks with former President Hu Jintao (L) on March 14, 2013 in Beijing, China.

    A top aide to China's ex-president has been arrested and stripped of Communist party membership amid Beijing's anti-corruption purge. The Financial Times reports.

  • Singapore arrests match-fixers for SEA Games football

    Jeffrey Seah, CEO - South East Asia at Starcom MediaVest Group, discusses news that four men were charged over the weekend for trying to manipulate a SEA Games football match.

  • FIFA President Joseph Sepp Blatter

    Sepp Blatter insisted he cannot be responsible for keeping corruption from happening and said he should be re-elected as FIFA president.