Brazilian prosecutors officially charged Marcelo Odebrecht, CEO of construction firm Odebrecht SA, with corruption on Friday as part of a sweeping probe into oil and gas firms. Odebrecht was charged with corruption, money laundering and criminal conspiracy, Reuters said. Prosecutors also allege that Odebrecht SA laundered more than 1 billion reais, or about $300 million, […]

The indictments of the FIFA leadership provide an interesting global anti-corruption case study complete with sports, pop-culture, international intrigue, corruption at the highest levels, bribery in the millions of dollars, money laundering and racketeering not seen since the mob days of organized crime. The arrests come from years of investigation and stem from a culture […]

A Chilean judge ordered the arrest of Carlos Alberto Délano and Carlos Eugenio Lavín, owners of financial holding company Penta Group, and four associates who face tax fraud and bribery charges. Penta officials have been accused of issuing fake invoices, evading taxes, falsifying statements and illegally financing the electoral campaigns of candidates from the right-wing […]

Prosecutors on Tuesday accused a former senior Petrobras executive of racketeering, bribery and money laundering through Switzerland and Uruguay in a widening kickback scandal that has engulfed Brazil’s state-run oil company. Nestor Cerveró was head of international operations at Petroleo Brasileiro SA, as the company is known, from 2003 to 2008, when prosecutors say he […]

SNC-Lavalin, the Montreal-based engineering company, and two of its units were charged on Thursday with fraud and bribery in relation to their dealings with the regime of Muammar el-Qaddafi, the Libyan dictator. From the New York Times read more: http://nyti.ms/1Em8bvn

Cyprus’s former interior minister and his son were jailed in Greece on Wednesday for helping a leading Greek politician take millions of euros in kickbacks from arms deals, according to court officials and documents. Dinos Michaelides and his son Michalis were found guilty of money laundering and each sentenced to 15 years in prison, court […]

British prosecutors are investigating whether subsidiaries of Alstom, the French power and transport company at the centre of an international corruption inquiry, committed offences in Hungary, a London court heard on Wednesday. The Serious Fraud Office (SFO) has already charged two UK-based Alstom subsidiaries and four former employees with corruption, alleging they disguised bribes as […]

On 21 January, the FCA held two live webinars which are now available to watch on demand. The first webinar focused on Managing money laundering and sanctions risk at smaller banks, http://bit.ly/1yB3fQx whilst the second webinar looked at Managing bribery and corruption risk in commercial insurance broking. http://bit.ly/1y6UUPO The webinars each comprise of a presentation from Rob […]