Region: Vietnam

World Bank debars Vietnam construction company for fraud and obstruction

The development bank said the company has been barred from bidding on contracts for more than three years because it misrepresented its finances and later obstructed an investigation by the bank’s anti-corruption unit.

19 October 2023

Albemarle to pay US authorities $218 million for bribery scheme

The DOJ said it gave the chemical producer a 45% discount on its fine for “substantial” cooperation and remediation of the misconduct, which included an extra $763,453 reduction for withholding bonuses from 16 employees involved in the corruption.

29 September 2023

Medical device maker cooperating with SEC, Massachussets US attorney FCPA investigations

Boston Scientific also received a subpoena from the Department of Justice.

05 May 2023

FCPA Docket: ABB settles SEC charges

The SEC levied a $75 million civil penalty on ABB, a Korean data company has been debarred from the World Bank, and Mexican bribery charges have been added to the DOJ’s case against Javier Aguilar.

05 December 2022

Jacobs Group case creates roadmap for foreign bribery investigations in Australia

A recent decision by an Australian appeal court in a foreign bribery case outlined the sentence discounts companies can expect if they cooperate with corruption probes.

05 October 2022

Jacobs Group looks to avoid supreme court battle over Australian foreign bribery fine

A legal wrangle in Australia over the size of penalties that courts can hand to companies in foreign bribery cases could be heard by the country’s highest court.

01 September 2022

US export control enforcer fines subsidiary of Vietnamese state entity

As part of the Commerce Department settlement, the California-based VTA Telecom Corporation agreed to spend $25,000 on improving its compliance systems within the next month.

13 October 2021

Vietnam police arrest four former state-owned bank executives

30 November 2018

Securency guilty plea and A$20m fine revealed in Australia’s biggest foreign bribery case

Bank note manufacturers Securency and Note Printing Australia pleaded guilty in 2011 to charges that the companies conspired to bribe to foreign officials, Australia’s central bank announced on Wednesday.

28 November 2018

Australian engineering firm faces Vietnam, Philippines corruption allegations

18 July 2018

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