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  • BRASILIA, Dec 2- A former Petrobras executive at the center of an alleged multibillion-dollar graft scheme involving the state-run oil company said on Tuesday that similar bribery and kickback schemes are prevalent in many Brazilian public-infrastructure projects. "What has been reported occurring at Petrobras happens all over Brazil in contracts for...

  • Global bribery has management's blessing: Study Tuesday, 2 Dec 2014 | 12:16 PM ET
    corporate bribes, bribery, corporate corruption

    Bribery is alive and well in the developed world, as completion for contracts remains fierce among large global companies.

  • JAKARTA, Nov 27- Indonesia's main anti-graft watchdog is planning a sector-wide audit of the country's oil and gas industry next year, the latest step in a push to clean up the energy sector and restore investor confidence in Southeast Asia's biggest crude producer. The audit could lead to further prosecutions, Johan Budi, deputy chairman for the Corruption...

  • SAO PAULO, Nov 26- Defendants in a bribery investigation involving Brazil's state-run oil company Petrobras are trying to move the probe to the country's Supreme Court, which has a reputation for moving slowly and letting cases drag on for years. That way, he hopes to gather as much information as possible before the case goes to the Supreme Court, which under...

  • Do you know what your company is doing? Wednesday, 5 Nov 2014 | 1:49 AM ET

    The 124 largest publicly traded companies are opaque, with few fully revealing their holdings or anti-corruption steps, Transparency International said.

  • Sex tape adds fire to GSK China scandal   Monday, 30 Jun 2014 | 1:30 AM ET
    Sex tape adds fire to GSK China scandal

    The Chinese corruption scandal at GlaxoSmithKline was complicated by the revelation that a sex tape involving the company's top boss in China was sent to senior executives not long before the government opened its investigation into the alleged bribery of doctors.

  • Elon Musk questions Air Force ethics   Friday, 23 May 2014 | 11:33 AM ET
    Elon Musk questions Air Force ethics

    SpaceX CEO Elon Musk questions how the Air Force awarded rocket contracts to a competitor. CNBC's Eamon Javers reports.

  • GSK executives charged with bribery: Report   Wednesday, 14 May 2014 | 11:36 AM ET
    GSK executives charged with bribery: Report

    Chinese police have charged GlaxoSmithKline executives who have been under investigation for allegedly bribing doctors and Chinese officials, reports CNBC's Eunice Yoon.

  • GSK China head faces bribery allegations   Wednesday, 14 May 2014 | 6:04 AM ET
    GSK China head faces bribery allegations

    CNBC's Eunice Yoon reports Chinese police say the former China head of drugmaker GlaxoSmithKine ordered employees to commit bribery, generating billions of dollars in illegal revenue.

  • Chinese police charge ex-GSK China head with bribery Wednesday, 14 May 2014 | 2:40 AM ET
    An employee of British drug firm GlaxoSmithKline (GSK) enters their office headquarters in Shanghai.

    Chinese police on Wednesday said they had charged the British former China head of drugmaker GlaxoSmithKline and other colleagues with corruption, after a 10- month probe found they paid billions of yuan in bribes to doctors and hospitals.

  • US seeks $700K linked to S. Korea's ex-president Thursday, 24 Apr 2014 | 5:09 PM ET

    The funds were seized from the sale of a house purchased in 2005 that U.S. prosecutors say are traceable to corruption during the reign of South Korea's former President Chun Doo-hwan.

  • Ex-New Orleans mayor convicted of taking bribes Wednesday, 12 Feb 2014 | 2:36 PM ET
    Former New Orleans Mayor Ray Nagin.

    Former New Orleans Mayor Ray Nagin was convicted Wednesday on charges that he accepted bribes, free trips and other gratuities from contractors.

  • Alcoa pays $384 million to settle bribery cases   Thursday, 9 Jan 2014 | 10:07 AM ET
    Alcoa pays $384 million to settle bribery cases

    CNBC's Morgan Brennan reports Alcoa will pay $384 million to settle bribery cases with the SEC & DOJ. Alcoa is charged with violating the Foreign Corrupt Practices Act.

  • Wal-Mart shakeup not totally unexpected: Pro   Monday, 25 Nov 2013 | 1:03 PM ET
    Wal-Mart shakeup, not totally unexpected: Pro

    Stacey Widlitz, CNBC retail analyst, and Chris Horvers, JPMorgan retail-hardlines analyst, weigh in on Wal-Mart Mike Duke's successor Doug McMillon as new CEO.

  • Qatar World Cup bribery claims examined   Wednesday, 9 Oct 2013 | 4:40 AM ET
    Qatar World Cup bribery claims examined

    Mel Goldberg, senior partner at Mel Goldberg Law, discusses FIFA's investigation on corruption and bribery claims regarding Qatar's successful bid to host the World Cup in 2022.

  • Authorities are investigating British drugmaker GlaxoSmithKline for violations of US anti-bribery laws in China after Chinese government officials accused the company of bribing doctors.

  • Rogue detectives’ client list to be published Wednesday, 4 Sep 2013 | 10:24 AM ET

    The U.K.'s Serious Organised Crime Agency (Soca) has been ordered to make public a list of over 100 companies and individuals who hired corrupt private detectives. A government committee warned Soca that if it did publish the list by Monday, it would be forced to do so instead.

  • JPMorgan's bribery probe involves 200 Asia hires Thursday, 29 Aug 2013 | 6:52 PM ET

    An internal exam of JPMorgan's hiring practices in Asia is looking at the employment of about 200 people for possible instances of illegal nepotism, a source said.

  • Wal-Mart CEO: Can't comment on Mexico bribery investigation

    Wal-Mart's CEO Mike Duke spoke to CNBC's Maria Bartiromo about the financial impact of the Mexican bribery allegations and says he "will take the appropriate actions; doing the right thing is a part of working at Wal-Mart."

  • China's 'trial of the century' underway   Thursday, 22 Aug 2013 | 6:12 AM ET
    China's 'trial of the century' underway

    Disgraced Chinese politician Bo Xilai faces charges of bribery, corruption and abuse of power in a move billed by the government as a fight against corruption, reports CNBC's Eunice Yoon.