At the behest of France, the International Criminal Police Organization Interpol (http://bit.ly/1nblz05) is seeking Papa Massata Diack, the son of Lamine Diack, the former president of the International Association of Athletics Federation (IAAF). French law enforcement said they are looking for him for “complicity in receiving bribes, aggravated money laundering and conspiracy in an organized group […]

PetroChina’s supplier Wison Engineering Services Co Ltd and its chairman Hua Bangsong have both been found guilty of paying bribes, the company said in a Hong Kong stock exchange filing. A Chinese court has ordered Wison to pay a fine of 30 million yuan ($4.83 million) and sentenced the chairman to 36 months in jail […]

Internal documents seen by the Guardian suggest the UK catering giant’s Kazakh unit made ‘facilitation payments’ for an unspecified period up to 2011 An international subsidiary of Compass Group, the British catering giant that supplies more than 1,500 UK primary schools and 30 NHS Trusts, paid bribes to government officials in Kazakhstan, documents seen by […]

IT has been reported in January 2015 in the new York post that US regulators have widened their probe of private-equity firms to include alleged bribes paid to foreign government officials. Private-equity firms have been under the microscope for more than two years as regulators pore over documents to see if the firms have properly […]

The UK government is fighting to keep secret details of how it handled allegedly corrupt transactions related to a contract to equip Saudi Arabia’s national guard, saying that to disclose the information would jeopardise counter-terrorism co-operation. Two top officials this week testified before a tribunal in London in support of the Ministry of Defence’s decision […]

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 […]

The Organisation for Economic Cooperation and Development (OECD) released its Foreign Bribery Report (Report) this week. The Report is the OECD’s first ever analysis of foreign bribery on a global scale. The Report analyses 427 legal cases involving companies (164 cases) and individuals (263 cases) who allegedly bribed foreign public officials in one or more […]

In the case, FHR European Ventures LLP and others v Cedar Capital Partners LLC [2014] UKSC 45, the Supreme Court ruled that bribes and secret commissions given to an agent were the property of the principal.  FHR European Ventures LLP (FHR) purchased the share capital of Monte Carlo Grand Hotel SAM from the vendor. Cedar […]