The World Bank Group announced the debarment of Consia Consultants ApS for 14 years for fraud and corruption. Consia’s Managing Director was also debarred for three and a half years.
Entries in Vietnam (49)
The brother and nephew of former United Nations Secretary-General Ban Ki-moon were charged Tuesday with FCPA and other offenses in connection with the planned $800 million sale of Vietnam's tallest building.
The World Bank Group debarred Minh Anh Construction Joint Stock Company for misrepresenting facts during a project bid in Vietnam.
Two former senior executives of Louis Berger International were sentenced for bribing officials for more than a decade to win contracts in India, Indonesia, Vietnam, and Kuwait.
Police sources in India said the former chief minister of the India state of Goa allegedly "blackmailed" Louis Berger International by refusing to approve work permits and invoices until the company paid bribes.
Japan suspended aid for a $41 million railway project in Hanoi until Vietnam returns $782,000 in bribe money a Japanese contractor gave officials at Vietnam's state railway company.
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
Milpitas, California-based Dialogic Inc. said in August that the SEC had ended an informal investigation of potential FCPA violations by a company Dialogic acquired in 2010 and won't take any enforcement action.
Lawmakers in Vietnam are complaining that too many officials facing corruption charges aren't being punished or are only paying small fines after they plead insanity.
Internal emails leaked from Australia's Leighton Holdings warn that a $24 million “facilitation payment” linked to a 2010 Iraq contract would “attract attention” from auditors.
Prosecutors in Tokyo said Tuesday they're charging three former top executives of a local company for alleged bribery involving railway projects in Vietnam that received Official Development Assistance (ODA).