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Crime Bribery

  • BRASILIA, Jan 17- Brazil's largest engineering conglomerate Odebrecht SA plans to reach settlements in all 12 countries where it has admitted to paying bribes to obtain contracts, two sources with knowledge of the matter told Reuters on Tuesday. Since December, Odebrecht has agreed to pay $32 million to the government of Colombia, $59 million to the Panamanian...

  • WASHINGTON, Jan 17- Rolls-Royce Plc agreed to pay authorities more than $800 million to resolve charges of bribing officials in six countries in schemes that lasted more than a decade, the U.S. Justice Department and UK Serious Fraud Office said in statements on Tuesday. The company admitted to paying officials at state-run energy companies in Kazakhstan,...

  • WASHINGTON, Jan 17- Rolls-Royce Plc agreed to pay authorities more than $800 million to resolve charges of bribing officials in six countries in schemes that lasted more than a decade, the U.S. Justice Department and U.K. Serious Fraud Office said in statements Tuesday. The company admitted to paying officials at state-run energy companies in Kazakhstan,...

  • *Apologises "unreservedly" at UK court hearing. LONDON, Jan 17- Shares in Rolls-Royce leapt on Tuesday after the British maker of engines for planes and ships finalised a 671 million-pound deal to settle a lengthy bribery investigation and said 2016 profits beat previous expectations. Coupled with an upbeat profit forecast, it removes a cloud over the business...

  • LONDON, Jan 17- Shares in Rolls-Royce jumped as much as 7 percent on Tuesday after the British maker of engines for planes and ships settled a long-running bribery probe and said 2016 profit would beat expectations. The conclusion to the bribery investigations by British, U.S. and Brazilian authorities helped remove a cloud hanging over one of Britain's...

  • SEOUL, Jan 17- The head of South Korea's giant Samsung Group faces a long day in court on Wednesday as a judge decides whether he should be arrested for bribery in a corruption scandal that has engulfed President Park Geun-hye's administration. The prosecutor's office has accused Lee, 48, of paying bribes totalling 43 billion won to organizations linked to Choi...

  • LONDON, Jan 17- Shares in Rolls-Royce jumped 6 percent on Tuesday after the British maker of engines for planes and ships settled a long-running bribery probe and said 2016 profit would beat expectations. Rolls has undergone 18 months of cost-cutting and restructuring under CEO Warren East, who was brought in to stabilise the company in mid-2015 after a series...

  • LONDON, Jan 17- Shares in Rolls-Royce climbed 5 percent on Tuesday after the British aero-engine maker settled a long-running bribery probe and said that 2016 profit would beat expectations. The news of the profit upgrade came as a boost to the firm after an eighteen month period of cost-cutting and restructuring led by CEO Warren East, who was brought in to...

  • SEOUL, Jan 17- The head of South Korea's giant Samsung Group faces a long day in court on Wednesday as a judge decides whether he should be arrested for bribery in a corruption scandal that has engulfed President Park Geun-hye's administration. The prosecutor's office has accused Lee, 48, of paying bribes totalling 43 billion won to organisations linked to Choi...

  • Jan 16- British engineering group Rolls-Royce Plc said on Monday that it had reached settlements with authorities in Britain, the United States and Brazil relating to bribery and corruption involving intermediaries, which would result in a series of payments totalling 671 million pounds. The settlement with British authorities, for 497.25 million pounds,...

  • Jan 16- British engineering company Rolls-Royce Plc said on Monday that it reached settlements with authorities in Britain, the United States and Brazil relating to bribery and corruption involving intermediaries, which would result in a series of payments totalling 671 million pounds. Under the terms of the agreements with the U.S. Department of Justice,...

  • SEOUL, Jan 16- South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Investigators had grilled Samsung Group chief Jay Y. Lee for 22 straight hours last week as a suspect in a corruption scandal,...

  • SEOUL, Jan 16- South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Investigators had grilled Samsung Group chief Jay Y. Lee for 22 straight hours last week as a suspect in a corruption scandal,...

  • SEOUL, Jan 16- South Korea's special prosecutors' office said on Monday it was seeking a warrant to arrest the head of Samsung Group, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Samsung Group chief Jay Y. Lee was questioned for 22 straight hours last week as investigators probed a...

  • SEOUL, Jan 16- South Korea's special prosecutor's office said on Monday it was seeking a warrant to arrest the head of Samsung Group, the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Samsung Group chief Jay Y. Lee was questioned for 22 straight hours last week as investigators probed a...

  • SEOUL, Jan 16- South Korea's special prosecutor's office said on Monday that Samsung Group leader Jay Y. Lee had paid bribes totaling 43 billion won to Choi Soon- sil, the friend of President Park Geun-hye at the centre of an escalating corruption scandal. The prosecutor's office said on Monday it will seek a warrant to arrest Lee on charges of bribery and...

  • SEOUL, Jan 16- A South Korean special prosecutor will seek an arrest warrant for Samsung Group leader Jay Y. Lee for charges including bribery over his role in a corruption scandal that could unseat President Park Geun-hye, his office said on Monday.

  • BRASILIA, Jan 13- The Prosecutors General of Brazil and Peru on Friday signed an agreement to increase cooperation between the two countries in the "fight against corruption" as probes into bribery and fraud involving Brazilian companies spread to other Latin American countries where they operate. "We will establish dialog and the transmission of...

  • BRASILIA, Jan 13- The Prosecutors General of Brazil and Peru on Friday signed an agreement to increase cooperation between the two countries in the "fight against corruption" as probes into bribery and fraud involving Brazilian companies spread to other Latin American countries where they operate. "We will establish dialogue and the transmission of...

  • BRASILIA, Jan 13- The Prosecutors General of Brazil and Peru on Friday signed an agreement to increase cooperation between the two countries in the "fight against corruption" as probes into bribery and fraud involving Brazilian companies spread to other Latin American countries where they operate. "We will establish dialogue and the transmission of...