The Financial Action Task Force (FATF) identified jurisdictions that have strategic deficiencies in their anti-money laundering and financing of terrorism controls in a public statement last Friday.
Entries in Algeria (15)
Italian state-owned oil giant Eni SpA said a forensic audit proved the company didn’t pay any bribes in Algeria.
Algeria's former energy minister is wanted on an international arrest warrant for alleged corruption following accusations of bribery involving Italian energy giant Eni.
The former head of a Montreal hospital was arrested in Panama Monday on an Interpol warrant charging him with fraud.
Canada's scandal-plagued SNC-Lavalin has been barred from World Bank-funded projects for ten years because of alleged corruption in Bangladesh, Cambodia, Libya, and Algeria.
Company Involved: SNC-Lavalin
Industry Subsector: Heavy Construction
Oil services firm Nabors Industries Ltd. said Wednesday the DOJ won't bring an FCPA enforcement action after an investigation first launched more than five years ago.
The head of Italian defense firm Finmeccanica SpA was arrested Tuesday by Italian police on allegations that he bribed Indian officials to win sales of helicopters.
The CEO of Italian energy giant Eni SpA is under investigation by Italian authorities for bribes allegedly paid in Algeria by its subsidiary Saipem SpA.
Italian oil and gas drilling contractor Saipem SpA confirmed that it is under investigation for corruption by Italian authorities for alleged payments in Algeria.