Topic: Bribery

McKinsey to fight criminal charges in South Africa

US management consultancy McKinsey & Company plans to rigorously defend itself after South African prosecutors charged the business over its alleged role in a procurement bribery scheme.

03 October 2022

ABB puts $325 million aside for South Africa probe

30 September 2022

Ultra Electronics agrees foreign bribery settlement in Canada

UK defence contractor Ultra Electronics has reached a deal to resolve foreign bribery charges that Canadian prosecutors have brought against the company’s local forensics business.

30 September 2022

Glencore sentenced to pay $485 million in DOJ market manipulation case

A Connecticut  federal judge imposed terms set forth in a May 2022 plea agreement resolving DOJ allegations that the commodities trader manipulated oil prices.

23 September 2022

RCMP charges Ultra Electronics unit with bribery, fraud

Canadian authorities have accused a division of British defence contractor Ultra Electronics Holdings and four of its former executives of bribery in the Philippines.

22 September 2022

DOJ official expands on expectations for corporate clawback policies, self-disclosure

“What we expect now in 2022, is that companies will have robust and regularly deployed clawback programmes. All too often we see companies scramble to dust off and implement dormant policies once they're in the crosshairs of an investigation,” Marshall Miller told an audience at GIR Live: New York on Tuesday.

20 September 2022

Counsel Watch: former US attorney general tapped for cross-border GOL settlement

In the latest counsel watch, GIR looks at the teams acting for Brazilian airline GOL, telecommunications company Ericsson, banks Barclays and Morgan Stanley, and engineering company Jacobs Group in recent white-collar cases.

20 September 2022

Lisa Monaco announces DOJ self-reporting shake-up

The Deputy Attorney General laid out changes to DOJ policies on voluntary self-disclosure, corporate recidivism, compliance monitors and corporate culture.

16 September 2022

Brazilian airline settles bribery probe with SEC, DOJ, local authorities

Carrier GOL Linhas Aéreas Inteligentes is set to pay over $41 million to resolve allegations brought by US authorities and the Brazilian Comptroller General of the Union and Attorney General’s Office in a coordinated settlement.

16 September 2022

RCMP official urges companies to turn themselves in

The head of corruption at Canada’s national police force said many companies are still hesitant to report their own misconduct.

15 September 2022

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