Rolls-Royce plc agreed to pay the United States a criminal penalty of $170 million under a deferred prosecution agreement after being charged with a long-running global conspiracy to violate the Foreign Corrupt Practices Act.
Entries in Iraq (90)
UK oil services firm Petrofac PLC said it launched an investigation into allegations of bribery to win contracts Kazakhstan and the Middle East.
Centerra Services International Inc., formerly known as Wackenhut Services LLC, agreed to pay $7.4 million to resolve allegations that Wackenhut violated the False Claims Act by double billing and inflating labor costs under a contract for firefighting and fire protection services in Iraq, the Department of Justice said Monday.
At the World Economic Forum in Davos Thursday, Secretary of State John Kerry highlighted the links between corruption and unrest in countries including Libya, Yemen, Burundi, and Iraq.
There were expressions of surprise and shock at the UN last week over the arrest of former General Assembly President John Ashe on bribery and corruption charges. UN officials consistently said they had no idea of the scheme and that investigating it wasn't their responsibility.
A federal jury in San Diego convicted a husband and wife of embezzling federal funds meant to provide job training and equipment for injured Marines returning from Iraq and Afghanistan.
A court in Paris Thursday acquitted 14 companies of bribing the former Iraqi regime to win contracts under the the U.N. oil-for-food program.
After raids last week on homes and offices, Australia's federal police have charged two directors of a prominent Sydney-based construction company with foreign bribery offenses.
Last year, 17,958 people were killed in terrorist attacks, 61% more than the previous year. More than 80% of all deaths from terrorist attacks occurred in five of the world's most corrupt countries -- Iraq, Afghanistan, Pakistan, Nigeria, and Syria.
The danger of litigating, at least to trial, on the back of criminal conduct giving rise to guilty pleas and convictions both under the FCPA and similar English legislation was illustrated in the recent case of Jalal Bezee Mejel Al-Gaood v Innospec Ltd.
An executive at Swiss pharma Novartis pleaded guilty in a bribery prosecution in Poland, the company has confirmed.