All Bribery articles

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    Blog post

    Two indicted in PDVSA bribery probe

    2019-02-27T11:30:00Z

    A sales representative and a former president of a U.S.-based company are facing charges for their alleged roles in a scheme to corruptly secure business advantages from Venezuela’s state-owned and state-controlled energy company, PDVSA.

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    SFO faces criticism for closing Rolls-Royce, GSK cases

    2019-02-22T11:30:00Z

    The U.K. Serious Fraud Office closed two long-running bribery and corruption cases against Rolls-Royce and GlaxoSmithKline—a decision that casts further doubt around the effectiveness of the SFO’s investigatory powers and makes companies question the purpose of entering a deferred prosecution agreement at all.

  • microsoft
    Blog post

    Microsoft offers details into reported corruption probe

    2018-08-24T13:15:00Z

    According to the Wall Street Journal, U.S. authorities are investigating Microsoft over a bribery and corruption matter in Hungary, some details of which the company shared with Compliance Week.

  • Blog post

    A free press and the fight against bribery and corruption

    2018-08-16T13:30:00Z

    One the day newspapers across the country are fighting back against President Trump's insistence that the media is an "enemy," we point out one of the many compliance-related benefits of a free press.

  • Blog post

    Former Columbia anti-corruption official nabbed for bribery

    2018-08-15T12:15:00Z

    The former national director of anti-corruption in Colombia pleaded guilty this week in federal court for bribery and his participation in a conspiracy to launder money.

  • Blog post

    Global accountants get new ethics rule on incentive payments

    2018-07-25T18:15:00Z

    Accountants globally have new rules to follow around offering or accepting inducements, and they’re a little more explicitly stated than those for U.S. accountants.

  • Blog post

    Chemring faces bribery probe by Serious Fraud Office

    2018-01-18T16:00:00Z

    The U.K. Serious Fraud Office confirmed today that it has opened an investigation into Chemring Group and its subsidiary, Chemring Technology Solutions Limited (CTSL) following a self-report made by CTSL.

  • Blog post

    How Hong Kong is combating corruption: A year-end review

    2017-12-28T11:45:00Z

    Speaking at a press conference this month, Hong Kong’s Independent Commission Against Corruption discussed its continued efforts in combating corruption and enhancing ethical management and staff integrity within companies.

  • Blog post

    Australian Federal Police: New guidance for self-reporting foreign bribery

    2017-12-27T12:00:00Z

    The Australian Federal Police and the Commonwealth Director of Public Prosecutions this month released new joint guidance to assist companies in self-reporting foreign bribery.

  • Blog post

    Former Embraer sales executive pleads guilty to foreign bribery

    2017-12-26T22:30:00Z

    A former sales executive of Brazilian-based aircraft manufacturer Embraer pleaded guilty last week in connection with a scheme to pay bribes to a high-level foreign government official in exchange for assistance in securing Embraer’s sale of aircraft to Saudi Arabia’s national oil company.

  • Blog post

    Keppel Offshore to pay $422M to resolve bribery case

    2017-12-26T21:45:00Z

    Singapore-based Keppel Offshore & Marine and its wholly owned U.S. subsidiary will pay a combined $422 million criminal penalty to resolve charges with authorities in the United States, Brazil, and Singapore arising from a decade-long to pay millions of dollars in bribes to officials in Brazil.

  • Blog post

    Is the FIFA brand toxic?

    2017-12-15T09:00:00Z

    FIFA continues to present lessons for the compliance practitioner, and this one is straight-forward: if your organization is corrupt, other companies may well not want to do business with you going forward.

  • Blog post

    Walmart sets aside $283M for FCPA resolution

    2017-11-17T13:45:00Z

    Walmart-Stores has recorded an aggregate accrual of $283 million concerning the possible resolution with U.S. enforcement authorities of a longstanding Foreign Corrupt Practices Act case.

  • Blog post

    Two ex-SBM executives plead guilty in Petrobras bribery scheme

    2017-11-14T09:15:00Z

    Two former executives at Dutch oil and gas services company SBM Offshore have pleaded guilty to conspiracy to violate the Foreign Corrupt Practices Act for their roles in a scheme to bribe foreign government officials in Brazil, Angola, and Equatorial Guinea.

  • Blog post

    Shell executives charged in bribery scheme

    2017-10-16T10:00:00Z

    The Milan Public Prosecutor’s Office has charged several senior Royal Dutch Shell executives in Italy for their role in a widespread bribery scheme to acquire oil exploration rights in Nigeria.

  • Blog post

    NCAA to form special commission

    2017-10-13T15:45:00Z

    Following a federal investigation into fraud in college basketball, the NCAA announced that it is making ‘substantive changes’ to the way it operates, forming a Commission on College Basketball.

  • Blog post

    Samsung executive resigns amid ‘unprecedented crisis’

    2017-10-13T15:30:00Z

    Samsung Electronics Vice Chairman Oh-Hyun Kwon will not seek re-election as a member and chairman of the board when his term ends in March 2018. Kwon will also resign as the chief executive officer of Samsung Display.

  • Blog post

    ‘Several countries’ probed in World Cup bribery scheme

    2017-10-13T15:00:00Z

    The Office of the Attorney General of Switzerland has opened a criminal proceeding against Jérôme Valcke, the former Secretary General of FIFA, and beIN Media Group Chief Executive Officer Nasser Al-Khelaifi for bribery allegations surrounding the award of World Cup media rights.

  • Blog post

    The role of banks in corruption

    2017-10-10T11:00:00Z

    A look at a recent report that examines allegations of bribery to purchase votes on the International Olympic Committee for the selection in 2009 of Rio de Janeiro to host the 2016 Olympics.

  • Blog post

    Does the NCAA corruption scandal have an FCPA angle?

    2017-10-03T16:00:00Z

    In a move reminiscent of FIFA arrests in 2015, the Department of Justice recently announced a series of arrests from an undercover operation exposing one of the sordid underbellies of college sports: the myth of amateurism at the highest level of collegiate sports.