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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


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FCPA Blog Daily News

Entries in Luxembourg (10)

Wednesday
May112016

Alison Taylor: We can use stakeholder trust to measure integrity risk

The last five years have seen a dramatic shift in the transparency environment, in a trend that began with Wikileaks launching the Arab Spring, and which is now reaching fruition in the vast data leaks from Luxembourg, Unaoil and Panama. Companies can no longer reliably distribute information as they choose, or maintain control over its interpretation.

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Thursday
Apr142016

Bill Waite on the Panama Papers: It's time for some crisis management

A good friend of mine who ended his career as a very senior police officer once gave me an excellent piece of advice. He told me that anyone can manage an organization when things are going well -- it is when things become difficult that true leaders emerge.

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Monday
Aug172015

DOJ moves to seize $1 billion linked to Uzbek telecoms scandal

The U.S. Justice Department took another big step in its investigation of bribes allegedly paid by Russian and Swedish companies to the eldest daughter of Uzbek President Islam Karimov in exchange for access to the country's telecoms market.​

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Thursday
Mar262015

China's number one export: Graft?

Chinese President Xi Jinping and his Sri Lankan counterpart Mahinda Rajapaksa witness the signing of the Colombo Port City Project in September 2014 (Image courtesy of CCC)Sri Lanka this month became the latest of at least five countries to shut down huge China-backed infrastructure and telecoms projects tainted by allegations of corruption.

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Monday
Dec292014

Bank Leumi fined $400 million, bans former U.S. compliance chief from compliance role

Israel's Bank Leumi will pay $270 million to resolve federal charges and $130 million to settle New York regulators' allegations that it helped U.S. taxpayers hide assets and income in unreported accounts in Israel and around the world.

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Wednesday
Feb052014

Italian cleaning mogul arrested for corruption

An Italian businessman who built a $350 million empire on cleaning contracts and industrial maintenance was arrested in Spain on charges embezzlement, bankruptcy fraud, money laundering, and tax offenses.

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Thursday
Jan092014

Alcoa settles FCPA charge, pays $384 million to DOJ, SEC

A unit of Alcoa agreed to plead guilty Thursday in the Western District of Pennsylvania to one count of violating the anti-bribery provisions of the FCPA with a 2004 corrupt transaction. Alcoa World Alumina LLC, a majority-owned subsidiary, will pay a criminal fine of $209 million and forfeit $14 million to settle the DOJ’s charges. Alcoa Inc., the corporate parent, also agreed to resolve civil charges brought by the Securities and Exchange Commission by disgorging $161 million.

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Thursday
Sep192013

Africa nations shut down tainted China telecoms deals

The Zambia government has terminated a $210 million closed circuit television camera contract with China's ZTE because of alleged corruption.

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Thursday
Sep062012

Country Enforcement of the OECD Anti-Bribery Convention -- Progress Report 2012

Transparency International (TI) released its eighth annual progress report on the enforcement of the OECD Anti-Bribery Convention today.

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Monday
Jun182012

In Algeria, China Telecoms Execs Sentenced For Bribery

According to a report on the French language news site Le Soir D’Algerie, they were accused of paying bribes amounting to $10 million to a senior official working at state-owned Algérie Télécom, through offshore accounts in Luxembourg.

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