Kentucky-based General Cable Corporation said it reserved $24 million that's "likely to be disgorged" to the SEC in a possible settlement of FCPA offenses.
Entries in Thailand (61)
A civilian formerly working for the U.S. Navy as a contracting supervisor in Asia was arrested Tuesday in connection with the huge bribery scandal involving Singapore-based contractor Glenn Defense Marine Asia (GDMA).
Authorities raiding two entertainment venues in Thailand's capital said they found a list of police officers who allegedly took bribes to ignore license violations and illegal sex services.
The Securities and Exchange Commission said Monday it sanctioned two former employees in the Dubai office of a U.S.-based defense contractor for violating the Foreign Corrupt Practices Act by taking government officials in Saudi Arabia on a “world tour” to help win business for the company. The two later created phony records to hide their offenses.
Thailand's attorney general and the top anti-corruption agency have jointly agreed to indict former Tourism Authority of Thailand governor Juthamas Siriwan for taking bribes in connection with the Bangkok Film Festival.
President Obama will be in Myanmar later this week for the East Asia Summit. A story Thursday by Jane Perlez of the New York Times reminded the president and the rest of the world about the plight of Myanmar's one million Rohingya people and their victimization by corrupt police and immigration officials.
California-based life science company Bio-Rad Laboratories agreed Monday to pay a total of $55 million to settle DOJ and SEC allegations that subsidiaries made improper payments to foreign officials in Russia, Vietnam, and Thailand to win business
New Metropolitan Police Bureau (MPB) commissioner Sriwara Rangsipramkul has stopped a week-old campaign in which traffic police could earn rewards of 10,000 baht ($306) for arresting people who offered them a bribe.