OKLAHOMA CITY-- A former Democratic state senator from Oklahoma City was convicted Thursday for her role in a bribery scheme in which she was accused of agreeing not to run for re-election in 2010 in exchange for a state job.» Read More
LISBON, June 20- Portugal's must thoroughly investigate allegations of foreign bribery as its inaction raises serious concerns, especially over business with former colony Angola, the OECD warned on Thursday. Portugal has strong ties with its former colonies Brazil, Angola and Mozambique, all of them notorious for high corruption levels.
VIENNA, June 18- Austria's central bank suspended its deputy governor on Tuesday while it reviews charges that he turned a blind eye toward shady banknote printing contracts with Azerbaijan and Syria in deals that got him and eight others indicted last week.
*Suspicion of kickbacks to officials in Azerbaijan, Syria. VIENNA, June 13- Vienna prosecutors charged nine people, including the deputy governor of the Austrian National Bank, on Thursday over suspected bribes in banknote contracts with Azerbaijan and Syria.
Wal-Mart Stores said that members of its board's audit committee were paid more due to extra work they had to take on to handle an ongoing investigation into alleged bribery.
The SEC charged Mark Begelman with insider trading, reports CNBC's Eamon Javers.
Las Vegas Sands said it "likely" violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign officials, according to a Securities and Exchange Commission filing on Friday.
Former Italian Prime Minister Silvio Berlusconi is under investigation on suspicion of bribing a senator to change sides in parliament, deepening the legal troubles of one of the key players in the country's post-election deadlock.
Italian defence group Finmeccanica has delayed publication of its 2012 results after a bribery probe connected with the sale of 12 helicopters to Indian authorities, it said on Thursday.
Spain's prime minister published his tax returns on Saturday in a bid to quell reports he and other conservative politicians received secret cash payments but the opposition said many questions remain unanswered.
U.S. lawmakers on Thursday released documents they said showed Wal-Mart Stores' CEO was informed in 2005 of Mexico bribery allegations.
CNBC's Michelle Caruso-Cabrera reports more documents related to the Wal-Mart-Mexican bribery allegations have surfaced.
CNBC's Michelle Caruso-Cabrera reports U.S. lawmakers are saying Wal-Mart's CEO know of the Mexican bribery allegations back in 2005.
A New York Times article on the Wal-Mart bribery scandal alleges a pervasive pattern of bribery during the construction of 19 different stores in Mexico, reports CNBC's Michelle Caruso-Cabrera. Nelson Lichtenstein, Center for the Study of Work, Labor & Democracy, and Ken Langone, Invemed Associates chairman, discuss.
Aerospace and defense group Rolls-Royce said it was in talks with Britain's Serious Fraud Office over potential corruption involving its intermediaries overseas.
Wal-Mart disclosed on Thursday that it has expanded an internal investigation into bribery accusations in Mexico to Brazil, China and India, the New York Times reports.
CNBC's Courtney Reagan reports on a strike Wal-Mart employees are planning for Black Friday, and that the company is saying "investigations regarding allegations of potential FCPA violations have been commenced in a number of foreign markets."
CNBC's Scott Cohn reports the Obama administration is sending signals it is widening its bribery crackdown.
An Indiana pension fund representing Unions that owns shares of Wal-Mart is suing for access to thousands of documents in the Mexico bribery case. Stuart Grant, Grant & Eisenhofer, and Emily Miller, Washington Times, provide perspective.
CNBC's Gary Kaminsky discusses insider trading, bribery and derivatives manipulation on Wall Street, with Bruce Karpati, SEC asset management enforcement co-chief.
Adrian Ngan, Executive Director, Real Estate Sector, Citic Securities explains why he remains positive on Sun Hung Kai Properties despite the graft scandal.