Two former executives of Magyar Telekom who were headed for trial this month against the SEC agreed instead Monday to pay penalties and accept officer-and-director bars to settle FCPA violations.
Entries in Hungary (22)
The UK Serious Fraud Office charged another individual Tuesday as part of the ongoing investigation into Alstom.
The UK Serious Fraud Office said Tuesday that it charged another former Alstom executive for bribing foreign officials.
The UK Serious Fraud Office brought new charges Thursday against a UK subsidiary of Alstom SA and an Alstom employee for alleged corruption in a project to supply trains to the Budapest Metro.
Since the start of the Ukraine crisis, NATO Secretary General Anders Fogh Rasmussen has called on NATO countries to increase defense spending. Poland has announced plans to accelerate a major military modernization program. And Latvia, Lithuania, Romania and the Czech Republic have all promised to increase their defense spending.
The United States imposed a travel ban on ten Hungarian officials and businessmen, the Hungarian media reported Friday morning. By early afternoon chargé d'affaires of the U.S. embassy in Budapest, M. André Goodfriend, called a press conference and confirmed that the United States revoked the visas of "less then ten” persons.
The director of the UK Serious Fraud Office said the agency is close to making more arrests in its bribery investigation of jet engine maker Rolls-Royce Holdings Plc.
Zsolt Hernadi, chairman of Hungarian energy group MOL, will be tried in absentia on graft charges linked to MOL’s purchase of Croatian oil and gas firm INA, a Croatian court said Tuesday.
The DOJ asked India to arrest a member of parliament indicted by a federal grand jury in Chicago in early April for a plot to grant mining rights in return for more than $18 million in bribes.
Two people were arrested in London on Wednesday as part of the Serious Fraud Office's investigation into aerospace and defense company Rolls Royce's dealings in Asia.