Topic: Commercial bribery

Ericsson sued by US military members for financing al-Qaeda, Islamic State

After recently announcing an SEC investigation related to the company’s conduct in the Middle East, the telecommunications company faces a private suit from US military members accusing it of making “protection payments” to Al-Qaeda and the Islamic State.

08 August 2022

DOJ drops Haiti bribery case after FBI surfaces new evidence

DOJ prosecutors dropped a case against two Haitian-American businessmen after the Federal Bureau of Investigations unearthed a previously undisclosed text message that defendants argue contained exculpatory evidence.

28 June 2022

Zondo Commission calls for investigation into South African banks

South Africa’s long-running anti-corruption inquiry has asked the country’s financial intelligence unit to investigate whether lenders have complied with anti-money laundering rules.

24 June 2022

Counsel Watch: Glencore’s lawyers for global bribery investigations

In the latest Counsel Watch, a round-up of the lawyers acting for Glencore in the US, the UK, Brazil, Switzerland and the Netherlands in corruption investigations that have so far led to criminal resolutions in three continents.

13 June 2022

SEC investigating Ericsson over undisclosed Iraq material

The Swedish telecoms company has said it will fully cooperate with the US Securities Exchange Commission.

10 June 2022

Following Gupta arrests, lawyers warn of long journey to come

South African lawyers say the arrests of the Gupta brothers in Dubai on Monday are a real “milestone” but warned that it could take years for the pair to face trial over their alleged role in widespread corruption in South Africa.

09 June 2022

South Africa arrests five over Transnet corruption allegations

The NPA’s investigating division arrested former Transnet CEO Siyabonga Gama along with four other figures involved in the alleged fraud, corruption and money laundering scheme, local prosecutors said on Friday.

30 May 2022

Five years probation and intermittent jail for Venezuelan businessman for PDVSA scheme

Carlos Enrique Urbano Fermín was sentenced to five years of probation and 120 days of intermittent confinement.

24 May 2022

KPMG fined over failure to document Rolls-Royce bribery concerns

The UK’s accounting regulator has issued a £3.4 million fine to Big Four accounting firm KPMG for its failure to act after learning about alleged bribery by its audit client, Rolls-Royce.

24 May 2022

Miami businessman to be released following DOJ cooperation

A Miami judge reduced Frank Chatburn’s sentence after he cooperated with the Justice Department over the PetroEcuador bribery scheme.

09 May 2022

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