Crime Bribery

  • LIMA, Peru— Police in Peru have arrested a former transport official as part of a massive graft scandal implicating Brazilian construction giant Odebrecht and several regional governments. Edwn Luyo headed the committee that awarded Odebrecht a contract in 2009 to build Lima's elevated metro. In Peru it paid $29 million to officials in three...

  • Secretary-General Ban Ki- moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a U.S. prosecutor said on Friday. Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive at South Korean construction firm Keangnam Enterprises Co Ltd.. Ban Ki- sang could not be...

  • Secretary-General Ban Ki- moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a U.S. prosecutor said on Friday. Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive at South Korean construction firm Keangnam Enterprises Co Ltd.. Ban Ki- sang could not be...

  • "The company is cooperating with the SEC's investigation and cannot predict the eventual scope, duration or outcome of the matter at this time," Herbalife said. Trump has also referred to the FCPA, which is at the heart of the SEC's Herbalife probe, as a "horrible law" that he said puts U.S. companies at a disadvantage. The SEC's probe of Herbalife comes on the heels of a...

  • NEW YORK, Jan 20- The U.S. government has asked South Korea to arrest a brother of former U.N. Secretary-General Ban Ki-Moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a federal prosecutor said on Friday. Attorney Daniel Noble said that a request had been made for the arrest of Ban Ki- sang, who was an executive...

  • LIMA, Jan 20- A consortium controlled by Brazilian builder Odebrecht S.A. will miss a financing deadline on Monday for a natural gas pipeline project in Peru and awaits government notification that it will lose the $5 billion contract, the company said on Friday. Odebrecht, a family-owned conglomerate at the center of a growing bribery scandal in Latin America,...

  • JAKARTA, Jan 19- Indonesia's anti-corruption agency said on Thursday it was treating the former chief executive of airline PT Garuda Indonesia Tbk as a suspect in a bribery case. Indonesia's Corruption Eradication Commission said in a statement the CEO of Garuda from 2005 to 2014 was suspected of taking bribes related to the purchase of planes and machines...

  • JAKARTA, Jan 19- Indonesia's anti-corruption agency said on Thursday it was treating the former chief executive of airline PT Garuda Indonesia Tbk as a suspect in a bribery case. Indonesia's Corruption Eradication Commission said in a statement the CEO of Garuda from 2005 to 2014 was suspected of taking bribes related to the purchase of planes and machines...

  • Jan 19- Las Vegas Sands Corp agreed to pay a $6.96 million criminal penalty to end a U.S. Department of Justice probe into whether it violated a federal anti-bribery law by making payments to a consultant to help it do business in China and Macau. The resolution of the Foreign Corrupt Practices Act case follows Las Vegas Sands' related $9 million civil settlement...

  • JAKARTA, Jan 19- Indonesia's anti-corruption agency said on Thursday it was treating the former chief executive of airline PT Garuda Indonesia Tbk as a suspect in a bribery case. Indonesia's Corruption Eradication Commission said in a statement the CEO of Garuda from 2005 to 2014 was suspected of taking bribes related to the purchase of planes and machines...

  • Syarif said Satar received the bribes via another suspect who has a Singapore- based company with businesses in Indonesia but who was not identified. The British engineering giant apologized for the scandal that involved paying millions of dollars in bribes to secure orders in six countries including Indonesia, Malaysia, Russia and China.

  • JAKARTA, Jan 19- Indonesia's anti-corruption agency said on Thursday it was treating the former chief executive of airline PT Garuda Indonesia Tbk as a suspect in a bribery case related to British plane engine manufacturer Rolls-Royce. Indonesia's Corruption Eradication Commission said in a statement the CEO of Garuda from 2005 to 2014 was suspected of...

  • BANGKOK, Jan 19- Thai Airways International said on Thursday it will launch an internal corruption investigation after being named in a bribery case relating to British company Rolls-Royce Plc. Rolls-Royce agreed to pay more than $800 million in fines to resolve charges of bribing officials in six countries, including Thailand, in schemes that lasted more...

  • 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...

  • SEOUL, South Korea— A South Korean court has begun reviewing the arrest of a Samsung Electronics vice chairman who faces allegations of bribery, embezzlement and perjury. Lee Jae-yong, the only son of the Samsung chairman, has arrived Wednesday for the hearing at the Seoul Central District Court but said nothing to the huge media gathering awaiting him outside...

  • 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...