Transparency Germany, Transparency International’s national chapter, has filed a criminal complaint against the Bundestag member Karin Strenz (Christian Democratic Union of Germany, CDU) and the former Bundestag member Eduard Lintner (Christian Social Union in Bavaria, CSU) in an alleged bribery case orchestrated by the Azerbaijani government. The watchdog has asked the Public Prosecutor’s Office in […]

Petróleo Brasileiro S.A. – Petrobras (Petrobras), a Brazilian state-owned and state-controlled energy company, entered into agreements with U.S. and Brazilian authorities and agreed to pay a combined total of $853.2 million in penalties to resolve the U.S. government’s investigation into violations of the Foreign Corrupt Practices Act (FCPA) in connection with Petrobras’s role in facilitating […]

Companies in Russia may avoid liability in domestic bribery cases if they assist in identifying the offence (e.g. by disclosing information), assist in investigation of the bribe, or if the bribe has been extorted, according to a new law which goes into force on August 14, 2018 (the “Law”).1 The Law also allows courts to […]

The National Crime Agency boss Lynne Owens has been quoted as saying “We are looking to focus on corrupt professional enablers over the next 12 months.” This weekend (13/14 JAN 2018) she revealed the agency is “finalising” its first case against senior bankers for bribery and money laundering. “Specialist techniques” normally reserved for organised crime […]

Lee Jae-yong, Samsung’s billionaire heir and South Korea’s third-richest man, was sentenced Friday to five years in prison for his role in a sprawling corruption scandal that has gripped the country and toppled its former president. He was found guilty of bribery, embezzlement, hiding assets overseas, concealing profit from criminal acts and perjury, Al Jazeera reported. Lee, […]

On 20 June 2017, Reuters published an article reporting that a former banker has been jailed for six years for accepting bribes and money laundering by concealing, disguising, converting and transferring criminal property The article states that the individual, who was a banker at the London-based European Bank for Reconstruction and Development (EBRD) at the […]

A former employee of an unlawful bitcoin exchange web site and a pastor who ran a New Jersey-based credit union have been found guilty in connection with a bribery scheme to allow the exchange to take control of the credit union in furtherance of its fraud scheme. Yuri Lebedev helped operate the bitcoin exchange, Coin.mx. […]

On July 13, 2016, the UK Serious Fraud Office (SFO) charged F.H. Bertling Ltd, a UK-based logistics and freight operations company, along with seven current and former executives, with making corrupt payments in violation of Section 1 of the Prevention of Corruption Act 1906. http://bit.ly/29Ey7q2 F.H. Bertling is a subsidiary of Bertling Group, a privately-owned […]