Topic: Bribery

The DOJ and SEC contacted recidivist medical device maker Stryker about possible FCPA violations; a fibre laser manufacturer “believes” the DOJ has concluded its investigation into its export practices; a mining company received information requests from the DOJ but says it is not under investigation.

03 May 2023

A 1MDB defendant asked to push back his surrender date to spend time with his family, an oil trader moved to dismiss accusations that he bribed officials in Mexico in a case revolving around the Ecuadorian state oil company, and the former treasurer of Venezuela will appeal against her 15-year prison sentence.

01 May 2023

Glencore announced in its annual ethics report that its recently-accepted compliance monitors will be working with the forensic accounting firm.

28 April 2023

The resolution comes two years after SICPA paid over $151 million to settle allegations that the company bribed public officials in Brazil.

27 April 2023

Frank’s International has agreed to pay almost $8 million to the SEC for working with a sales agent who obtained contracts by bribing an official with Angola’s state oil company.

26 April 2023

Swiss prosecutors have charged two executives at Saudi oil services company PetroSaudi over their alleged roles in schemes to embezzle at least $1.8 billion from Malaysian wealth fund 1MDB.

26 April 2023

A London court will decide in June whether to extradite the former CEO of Austrian lender Meinl Bank after denying a request to delay the decision while the banker’s lawyers consider fresh evidence obtained from Switzerland.

26 April 2023

24 April 2023

Norway’s anti-corruption authority has charged the former president of the International Biathlon Union (IBU) with aggravated corruption for allegedly accepting bribes between 2009 and 2018.

18 April 2023

14 April 2023