Crime Bribery

  • Neither the SEC nor Justice Department responded to requests for comment. The SEC said that AstraZeneca through at least 2010 failed to devise and maintain a system of internal accounting controls relating to its subsidiaries' interactions with Chinese and Russian government officials. AstraZeneca also falsely recorded the improper payments in China...

  • NEW YORK, Aug 17- Two former Insys Therapeutics Inc employees pleaded not guilty on Wednesday to charges that they engaged in a scheme to pay doctors kickbacks including speaker fees to prescribe a drug containing the opioid fentanyl. Jonathan Roper, a former Insys district sales manager, and Fernando Serrano, a former sales representative, entered their pleas...

  • NEW YORK, Aug 16- A Gabonese man who consulted for a joint venture involving a U.S. hedge fund was arrested on Tuesday on charges that he participated in a scheme to bribe officials in Africa to obtain mining rights. Och-Ziff that same month formed a joint venture in Africa with Palladino Holdings Ltd, an investment vehicle incorporated in the Turks and Caicos...

  • NEW YORK, Aug 16- A Gabonese man who consulted for a joint venture involving a U.S. hedge fund was arrested on Tuesday on charges that he participated in a scheme to bribe officials in Africa to obtain mining rights. Och-Ziff that same month formed a joint venture in Africa with Palladino Holdings Ltd, an investment vehicle incorporated in the Turks and Caicos...

  • NEW YORK, Aug 16- A Gabonese man who consulted for a joint venture involving a U.S. hedge fund was arrested on Tuesday on charges that he participated in a scheme to bribe officials in Africa to obtain mineral concessions.

  • *Six current or former employees indicted. ZURICH, Aug 11- Novartis employees in South Korea gave kickbacks to doctors including paying for their travel abroad, the Swiss drugmaker said on Thursday as it faces scrutiny over illegal practices to boost sales. The Basel- based company confirmed media reports that six current or former employees had been indicted...

  • NEW YORK, Aug 8- Chevron Corp persuaded a federal appeals court on Monday to block enforcement in the United States of an $8.65 billion Ecuadorean pollution judgment that it said, and which the court agreed, was obtained through bribery and fraud. The 2nd U.S. Circuit Court of Appeals in Manhattan upheld a lower court ruling against the American lawyer Steven...

  • LONDON, Aug 8- European stock markets rose on Monday, propped up by gains in the shares of major banks. Airbus shares fell 1.7 percent after Britain's Serious Fraud Office launched a formal investigation into suspected fraud, bribery and corruption in connection with its commercial plane sales. "There's plenty of confidence over in the States, and that's been...

  • PARIS, Aug 7- Britain's Serious Fraud Office has launched a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbus, parent company Airbus Group said on Sunday. A UK government agency this year suspended the issue of export credits to Airbus, citing discrepancies in declarations by the plane maker...

  • PARIS, Aug 7- Britain's Serious Fraud Office has launched a formal investigation into suspected fraud, bribery and corruption in connection with commercial plane sales by Airbus, parent company Airbus Group said on Sunday. The move comes three months after a UK government agency suspended the issue of export credits to Airbus, citing discrepancies in...

  • Aug 3- New Jersey Senate President Stephen Sweeney, the state's top elected Democrat, on Wednesday asked state and federal prosecutors to investigate alleged threats by a labor union that he said amounted to bribery and attempts to corrupt public officials. The New Jersey Education Association threatened to withhold campaign contributions until Sweeney...

  • Aug 3- New Jersey Senate President Stephen Sweeney, the state's top elected Democrat, on Wednesday asked state and federal prosecutors to investigate alleged threats by a labor union that he said amounted to bribery and attempts to corrupt public officials. The New Jersey Education Association threatened to withhold campaign contributions until Sweeney...

  • Norman Seabrook, the Correction Officers' Benevolent Association's ex-president, and Murray Huberfeld, a longtime associate of hedge fund manager Platinum Partners, pleaded not guilty to conspiracy and honest services wire fraud charges in Manhattan federal court. Prosecutors said Seabrook, 56, accepted a $60,000 bribe in 2014 orchestrated by Huberfeld,...

  • July 22- Wal-Mart Stores Inc executives and directors persuaded a federal appeals court on Friday to reject shareholder claims that they permitted and then covered up pervasive bribery by officials at the world's largest retailer's Mexico unit. By a 3-0 vote, the 8th U.S. Circuit Court of Appeals in St. Louis upheld a lower court dismissal of a federal lawsuit...

  • Global corruption crackdown

    Richard Bistrong of Front-Line Anti-Bribery, and Frank Vogl, author of "Waging War on Corruption," discuss the fight against corruption internationally in the wake of the scandal with Unaoil.

  • Corruption probes eventually good for Brazil

    Brian Winter, AS/COA Vice President of Policy and Americas Quarterly Editor-in-Chief, discusses former Brazilian president Lula da Silva's detention, and the ongoing corruption probes in the country.

  • The office of Preet Bharara, U.S. attorney of the Southern District of New York.

    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.