First-hand details of the global pay to play kickback scheme at Olympus were brought to the government's attention by the company's former corporate compliance officer.
Entries in Olympus (5)
Commerzbank AG agreed to pay $1.45 billion for doing business with Iran and other sanctioned countries and its failure to have adequate money laundering controls, the DOJ and New York financial regulator said Thursday.
The UK Competition Commission's investigation and preliminary report regarding competition between external auditors and the dominance of the Big Four accountancy practices, has generated some controversy. For starters, the Commission has recommended for FTSE-350 companies that there be a decennial re-tendering for external auditors rather than a rotation.
A good friend of the FCPA Blog who contributes the Corporate Investigations List sent the following message a couple of days ago, logos included
he fired British CEO of Tokyo-based Olympus Corporation has turned over evidence of potentially corrupt payments to the U.K.'s Serious Fraud Office.