Entries in Norway (19)
Telecoms company VimpelCom said in an earnings release Wednesday that it has discussed terms of prospective settlements with the SEC, DOJ, and Dutch prosecutors and would would acknowledge "certain violations" of the Foreign Corrupt Practices Act and Dutch laws and pay fines and disgorgements to settle the offenses.
Sevan Marine "more likely than not" made improper payments to win business with Brazil's Petrobras, the company said in a statement released Friday.
A court in Norway Tuesday sentenced four former senior executives of Norwegian fertilizer maker Yara International to prison, including the ex-CEO and former top lawyer.
Admittedly, we're surprised to write that headline several weeks after “tax day” in the United States. However, a common theme emerged during a recent World Bank Group program on tax evasion: there's currently an unprecedented level of enthusiasm, political will and momentum in support of combating global tax evasion and avoidance.
The Securities and Exchange Commission Monday charged Bruker Corporation with violating the Foreign Corrupt Practices Act by paying for sightseeing trips and shopping expenses for Chinese government officials responsible for buying the company's products.
The group of donors who contribute aid directly to Mozambique pledged $275 million in aid this week, a decrease from the $309 million given last year, citing concerns about corruption in the region.
A senior anti-corruption who ran up gambling debts at Singapore's two casino resorts was sentenced to ten years in prison after confessing to stealing nearly $1.4 million in public funds.
Norwegian police Friday indicted four former executives of fertilizer maker Yara International, including the former chief executive and top legal counsel. They're charged with paying $8 million in bribes in Libya and India.
Norway's Yara International was fined $48 million by Norwegian authorities for paying $12 million in bribes between 2004 and 2009, the company said Wednesday.