Crime Bribery

  • BRASILIA, Dec 2- Engineering conglomerate Odebrecht took out full-page advertisements in Brazil's main newspapers on Friday to apologize to Brazilians for its involvement in the country's biggest ever corruption scandal. More than 70 of its executives, including family patriarch and Chairman Emilio Odebrecht and his jailed son and former CEO Marcelo...

  • SAN DIEGO— A retired Department of Defense contracting supervisor was sentenced Friday to six years in prison for accepting bribes from a Malaysian businessman nicknamed "Fat Leonard" who is at the center of the Navy's worst corruption case. Paul Simpkins, who was sentenced in federal court in San Diego, pleaded guilty in June to steering multi-million dollar...

  • BRASILIA, Dec 1- Engineering firm Odebrecht SA signed a roughly 6.7 billion real leniency deal on Thursday with prosecutors in Brazil's biggest graft case while nearly 80 employees of the company signed plea bargains, sources said. The money will be divided between authorities in the United States, Switzerland and Brazil, which would be the main beneficiary.

  • BRASILIA, Dec 1- Engineering firm Odebrecht SA signed a 6.7 billion real leniency deal on Thursday with prosecutors in Brazil's biggest graft case, opening the way for 77 executives to conclude plea bargains, a source at the prosecutors office said. The money will be divided between the United States, Switzerland and Brazil, which would be the main beneficiary.

  • SAO PAULO, Dec 1- Brazilian police investigating alleged bribery of tax officials on Thursday raided Itaú Unibanco Holding SA, the latest bank to be swept up in the widening probe. Apart from Sao Paulo- based Itaú, the tax probe has targeted its peers, including Banco Bradesco SA and a money management firm controlled by billionaire Joseph Safra's Safra Group...

  • SAO PAULO— The federal judge presiding over the corruption-kickback investigation at Brazil's state oil company Petrobras urged senators on Thursday to oppose legislation that would allow judges and prosecutors to be charged with abuse of authority. Moro spoke during a Senate debate one day after congress' lower house, the Chamber of Deputies, approved the...

  • SAO PAULO, Dec 1- Brazilian police investigating alleged bribery of tax officials on Thursday raided Itaú Unibanco Holding SA, the latest bank to be swept up in the widening probe. Apart from Sao Paulo- based Itaú, the tax probe has targeted its peers, including Banco Bradesco SA and a money management firm controlled by billionaire Joseph Safra's Safra Group...

  • *Former minister was dismissed over bribery allegations. MOSCOW, Nov 30- President Vladimir Putin named deputy finance minister Maxim Oreshkin as Russia's new economy minister on Wednesday, two weeks after the post's previous holder was detained and accused of bribery. Oreshkin, his 34- year-old replacement, joined the finance ministry in 2013 as the head of...

  • MOSCOW, Nov 30- President Vladimir Putin named deputy finance minister Maxim Oreshkin as Russia's new economy minister on Wednesday, two weeks after the post's previous holder was detained and accused of bribery. Upon appointment, Oreshkin told Putin that his main task for 2017 was finding measures that would boost economic growth in Russia.

  • MOSCOW, Nov 30- President Vladimir Putin named deputy finance minister Maxim Oreshkin Russia's new economy minister on Wednesday, two weeks after the post's previous holder was detained and accused of bribery. Alexei Ulyukayev, the ex-economy minister, was accused of trying to extort a bribe from Russian oil major Rosneft, an allegation he denies.

  • CARACAS, Nov 24- Venezuela's PDVSA said on Thursday it was taking legal action seeking compensation for a $1 billion scheme in which two oil magnates paid bribes to obtain lucrative contracts from the state oil company. The two Venezuelan businessmen, Roberto Rincon and Abraham Shiera, were arrested almost a year ago in the United States and have pleaded guilty...

  • SAO PAULO/ BRASILIA, Nov 23- Brazilian engineering conglomerate Odebrecht SA has agreed to plea bargains and a massive leniency deal under which it would pay around 7 billion reais in fines for its role in Brazil's biggest corruption scandal, a person familiar with the matter said. The deals sent shockwaves through Brazil's political establishment as they...

  • SAO PAULO/ BRASILIA, Nov 23- Brazilian engineering conglomerate Odebrecht SA has agreed to plea bargains and a massive leniency deal under which it would pay around 7 billion reais in fines for its role in Brazil's biggest corruption scandal, a person familiar with the matter said. The deals sent shockwaves through Brazil's political establishment as they...

  • LUCKNOW, India— The engineer was in the middle of his evening meditation session when a colleague called and told him to turn on the television. The prime minister was saying most of India's cash would hold no value by morning. Modi, in his Nov. 8 televised address, announced the demonetization of India's 500- and 1,000- rupee notes, which made up 86 percent of the...

  • NEW YORK, Nov 22- A former top aide to New York Governor Andrew Cuomo is among eight men who have been indicted in a bribery and fraud case tied to efforts to spur the upstate economy, federal prosecutors said on Tuesday. Joseph Percoco, a former executive deputy secretary to Cuomo, was indicted by a federal grand jury on two counts each of bribery solicitation,...

  • MADRID— Spanish police say they have arrested the suspected financial mastermind of the alleged scheme of kickbacks involving Brazil's the state oil company Petrobras, construction companies and Brazilian politicians. The Civil Guard said Tuesday the man, aged 43, and identified only by his initials R.T.D., was arrested in a Madrid hotel days after he...

  • SAO PAULO, Nov 18- Brazilian state-controlled oil company Petróleo Brasileiro SA could receive up to 5.5 billion reais back as a result of an ongoing corruption probe, Chief Executive Officer Pedro Parente said on Friday. Speaking at a news conference in Curitiba, he estimated Petrobras lost roughly 6 billion reais due to a kickback scheme involving major...

  • ZAGREB, Nov 18- An international arrest warrant has been dropped for the head of Hungary's MOL who is accused in Croatia of bribery, the Hungarian oil and gas firm said on Friday. Zsolt Hernadi, MOL's chief executive and chairman, has been indicted in Croatia for allegedly bribing former Croatian prime minister Ivo Sanader to allow MOL to have a dominant role in...

  • MOSCOW, Nov 18- The arrest of Russia's economy minister on bribery charges has sown fear across the Moscow political elite that a wider purge may be coming of other senior officials. Russia's Vedomosti newspaper, citing an unnamed senior security source, published names of other officials that it said had been under surveillance by domestic intelligence...

  • MOSCOW, Nov 18- The arrest of Russia's economy minister on bribery charges has sown fear across the Moscow political elite that a wider purge may be coming of other senior officials. Russia's Vedomosti newspaper, citing an unnamed senior security source, published names of other officials that it said had been under surveillance by domestic intelligence...