A British solicitor accused of paying $132 million in bribes to Nigerian government officials to secure gas contracts on behalf of multinational energy firms should be extradited to the United States, a judge said yesterday. Jeffrey Tesler, 61, is wanted by authorities in Houston, Texas, where he faces prosecution on corruption and conspiracy charges that […]

German prosecutors have filed charges against three former Siemens AG managers in a corruption case involving payments to the former head of an upstart labor union. Prosecutors in Nuremberg said Thursday they charged a former member of Siemens’ management board identified only as Guenter W., along with two lower-ranking managers named only as Alfred O. […]

Most people are in a factory from nine till five. Their job may be to turn out 263 little circles. At the end of the week they’re three short and somebody has a go at them. On Saturday afternoons they deserve something to go and shout about. ~Rodney Marsh, 1969

Three UK board members of Alstom, the French engineering group, have been arrested on suspicion of bribery and corruption after raids by the Serious Fraud Office. Three Alstom UK directors have been arrested as part of an SFO investigation into bribery and corruption. Alstom has contracts to build four power stations in the UK, such […]

A Bahraini minister is under investigation after being charged with laundering money from criminal enterprises, judicial officials said Wednesday. The former minister has been released on bail while investigations are underway, officials said, but prosecutors have imposed a travel ban on him and frozen his assets. On Tuesday, Bahrain’s prosecutor general charged Mansour bin Rajab, […]

AN INSPECTOR CALLS…EMERGENCY CHECKLIST – the Golden rules – General∙∙ Be polite but firm ∙∙ Stay calm, be factual∙∙ If you don’t know the answer to a question, say so∙∙ Tell the truth; never speculate even if asked to do so∙∙ Be helpful (non-compliance may be a crime) but don’t answer incriminating questions∙∙ Consider your […]

Global Financial Integrity: Privately Held, Non-Resident Deposits in Secrecy Jurisdictions – This report from Global Financial Integrity (GFI) on private, non-resident deposits in secrecy jurisdictions finds that the United States, United Kingdom, and the Cayman Islands are the most popular destinations for financial deposits by non-residents. Switzerland, Luxembourg, and Hong Kong also make the top […]

The German-based car company Daimler and three of its subsidiaries have been accused of paying bribes to a large number of foreign governments. The allegations were made in court papers filed in the United States. Daimler, which makes Mercedes-Benz cars and trucks, is said to have made payments from 1998 to 2008. The US Justice […]