All corruption articles – Page 2

  • Blog

    Chemring faces bribery probe by Serious Fraud Office


    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.

  • bestof-2017

    Year in review: 2017


    Compliance Week looks back at the last 12 months and offers a glimpse at some of the biggest news stories in compliance, governance, risk, and ethics.

  • Blog

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


    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

    What newspapers do you read?


    In this day and age, it would be wise for chief compliance officers to keep on top of the news, especially when it regards corruption, says The Man From FCPA.

  • Blog

    What is risk?


    Reports indicate the world’s largest cement manufacturer, LafargeHolcim is under investigation relating to its former operations in Syria.

  • Blog

    Is the FIFA brand toxic?


    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

    Walmart sets aside $283M for FCPA resolution


    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

    The (anti) corruption London bus tour


    A London bus tour that features the proceeds of corruption, exploring properties alleged to have been purchased with monies purloined from the country of Nigeria by the country’s former oil minister, the disgraced and now arrested, Diezani Alison-Madueke.

  • Blog

    Former Keppel Shipyard officer faces 395 counts of corruption


    Singapore’s Corrupt Practices Investigation Bureau charged a former senior procurement officer of Keppel Shipyard, a wholly-owned subsidiary of Keppel Offshore & Marine, with 395 counts of corruption.

  • Blog

    NCAA to form special commission


    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

    Harvey Weinstein, Obamacare, and Google


    Title: Harvey Weinstein, Obamacare, aThis week, the scope of corruption surrounding Harvey Weinstein is growing bigger by the day, Google hands over evidence of Russia-linked ads on their sites, and President Trump makes moves to raise “repeal and replace Obamacare” back from the dead.

  • Blog

    The role of banks in corruption


    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.

  • Article

    How corruption in sports spills into compliance


    The NCAA fraud and corruption scheme that has resulted in federal criminal charges against 10 individuals offers numerous lessons for the corporate compliance world at large.

  • Blog

    What new headaches may befall FIFA?


    A new and potentially very damaging turn has taken place in the ongoing FIFA corruption scandal. Miguel Maduro, former chairman of FIFA’s governance committee, said that if asked, he would provide specific accusations of top FIFA officials pressuring him to ignore regulations.

  • Article

    Is it impossible to operate cleanly in some countries?


    Corruption may be seen as being “endemic” in some regions, but that cuts no ice with prosecutors in the United Kingdom. To them, a bribe is still a bribe.

  • Blog

    SeaWorld, Mueller, and Congress


    In case you missed it this week, Mueller sidles up to a new lawyer involved in Paul Manafort's probe, politicians are eyeing a particular bribery-related trial, and SeaWorld get's a criminal investigation

  • Blog

    SFO investigating Rio Tinto


    The U.K. Serious Fraud Office confirmed this week it has opened an investigation into suspected corruption by mining company Rio Tinto.

  • 01_rwanda

    BNP Paribas faces fresh accusations over involvement with Rwandan genocide


    Lingering accusations that BNP Paribas processed transactions that helped finance the 1994 Rwandan genocide continue to dog one of France’s largest banks.

  • Blog

    DoJ seeks to recover $144M in Nigerian oil industry corruption case


    The Department of Justice has filed a civil complaint seeking the forfeiture and recovery of approximately $144 million in assets obtained from corruption in the Nigerian oil industry.

  • Blog

    Don’t speak at anti-corruption event, then demand a bribe payment


    Well, that’s awkward. A look at the ironic case of Colombia’s top anti-corruption prosecutor, who was arrested in Miami for attempted corruption through extortion of a criminal defendant.