Topic: Enforcement

Petrofac ex-COO charged with bribery

Petrofac’s former chief operating officer and a former executive at the oil services company have been charged with allegedly offering or paying bribes in connection with contracts in the Middle East.

15 February 2024

Sanctions Docket: Santander denies reports of US breaches

In the latest sanctions round-up, Santander has denied a media report that suggested the lender breached US sanctions against Iran, while French prosecutors have charged Lafarge with sanctions evasion and financing terrorist groups.

15 February 2024

US regulator asks Dutch accounting firms to expand exam cheating probes

15 February 2024

UK trader to admit guilt over Danish cum-ex trades: Reuters

15 February 2024

SFO director says expect more dawn raids, suggests paying whistleblowers

White-collar lawyers in London said they were impressed by Nick Ephgrave’s confident speech and stated intentions but added that his efforts may be foiled by a lack of resources and experience at the agency.

14 February 2024

SFO: MOD did not give official permission to receive commission on Saudi defence contracts

A civil servant acted dishonestly when receiving commissions for approving contracts issued by his then-employer, the UK’s Ministry of Defence, a London court heard on Tuesday.

13 February 2024

UK executive: Swiss police told gemstones company to report bribery to NCA

A senior executive at a London-listed jewellery business has said his company initially tried to report an alleged bribery attempt by a Madagascan public official to Swiss authorities.

12 February 2024

HP seeks $4 billion from Autonomy co-founder, ex-CFO in fraud case

US technology company Hewlett Packard Enterprise wants British businessman Michael Lynch and a co-defendant to pay damages totalling $4 billion for artificially inflating the value of software business Autonomy.

12 February 2024

Slovakia amends criminal law to abolish anti-corruption office

09 February 2024

Engineer charged for stealing secrets from GM, Boeing-owned defence business

HRL Laboratories told GIR that it reported former employee Chenguang Gong to the authorities after becoming aware of his “suspicious activity”. Prosecutors have since accused the engineer of stealing confidential designs for sensors that track nuclear and ballistic missile launches.

09 February 2024

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