By Jaclyn Jaeger2015-09-28T12:00:00
Tokyo-based Hitachi reached a $19 million settlement with the Securities and Exchange Commission to resolve charges that it violated the Foreign Corrupt Practices Act by inaccurately recording improper payments to South Africa’s ruling political party in connection with contracts to build two multi-billion dollar power plants. More inside.
2015-12-04T16:00:00Z By Jaclyn Jaeger
The African Development Bank Group (AfDB) announced this week that it reached a settlement agreement with Japan-based Hitachi. The African Development Bank (AfDB) Integrity and Anti-Corruption Department alleged that Germany-based Hitachi Power Europe, and its South African subsidiary, Hitachi Power Africa, engaged in sanctionable practices in exchange for a boiler ...
2025-09-16T20:11:00Z By Adrianne Appel
The former CEO of a Georgia clothing business faces 25 years in prison for bribing Honduran officials to win $10 million in uniform contracts in Honduras, after being caught up in a Department of Justice Anticorruption Task Force.
2025-09-15T20:00:00Z By Aly McDevitt
President Donald Trump is pushing for a shake-up in corporate reporting rules, calling on companies to file earnings with the SEC only twice a year instead of every quarter.
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