September 17, 2020, GIR
Big Four consultancy Deloitte has received a £21.6 million penalty following an investigation by the UK’s accountancy regulator into the firm’s audits of UK software company Autonomy, which is at the centre of a high-profile fraud scandal.
September 16, 2020, GIR
A judge overseeing a dispute between Russian oil company Tatneft and four Ukranian businessmen, including Igor Kolomoisky, has ruled that foreign lawyers’ communications are protected by legal professional privilege.
September 15, 2020, GIR
German car manufacturer Daimler implemented a wide-ranging compliance plan before reaching a $1.5 billion settlement with three US agencies to resolve claims that the company fitted Mercedes-Benz vehicles with emissions cheating devices.
September 08, 2020, GIR
The UK SFO has charged three former executives of prison services contractor G4S over an alleged scheme to defraud the country’s Ministry of Justice.
September 04, 2020, GIR
Nigeria has edged closer to seizing a luxury jet that the country’s former oil minister Dan Etete allegedly purchased with illicitly obtained money from a $1.3 billion oil deal after a Canadian court dismissed his appeal against the seizure order.
September 01, 2020, JUST SANCTIONS
“Protecting Halkbank’s access to US markets and its property in the United States was not incidental to the offenses, but a principal purpose of Halkbank’s conduct,” prosecutors wrote in a court filing.
August 27, 2020, GIR
The former CFO of software company Autonomy can be convicted for fraud that took place in the UK because the conduct stemmed from business activity based in California, a US judge said.
August 24, 2020, GIR
A Delaware judge has dismissed a claim alleging that the US arm of accounting firm KPMG can be held liable for failing to detect a multimillion-dollar fraud scheme at defunct Mexican oil company Oceanografía.
July 31, 2020, JUST SANCTIONS
A former researcher at an Ohio hospital has admitted to stealing medical research from her former employer to set up a medical testing business in China.
July 28, 2020, GIR
Germany’s plans to boost state oversight of companies in the wake of the Wirecard scandal is a step in the right direction but lacks the detail necessary to resolve the country's supervisory shortcomings.