On March 29, two senior UK judges dismissed an attempt by Unaoil to challenge an SFO investigation into allegations that the company paid bribes around the world. It is the latest in a fast-growing list of failed judicial reviews against the SFO brought on shaky legal grounds.
Entries in Samsung (8)
Former South Korea President Park Geun-Hye was formally charged with bribery Monday, a month after being removed from office.
Lee Jae-yong, the vice chairman of Samsung Group, was arrested and jailed Friday in Seoul on bribery charges.
In the midst of Korea's influence-peddling scandal involving President Park, her close associates, and chaebols (family run conglomerates such as Samsung and Hyundai), the country enacted a new anti-corruption law criminalizing graft and solicitation without the need to prove the bribe payer expected anything in return.
The Korean National Assembly agreed this month to impeach President Park Geun-hye based on the influence-peddling scandal of her confidante, Soon-sil Choi.
Representatives of over 30 firms were gathered in a small Beijing hotel last month to receive a stern message from the National Development and Reform Commission (NDRC) division chief, Xu Xinyu.
Taiwan-based contract manufacturer Foxconn Technology Group has disclosed it is investigating allegations of bribery within its supply chain.