The World Bank Group debarred Minh Anh Construction Joint Stock Company for misrepresenting facts during a project bid in Vietnam.
Employer: BAE Systems, Inc.
Location: Arlington, Virginia, United States
A Miami man pleaded guilty Thursday to bribing FIFA and North American and Caribbean soccer officials to win media and marketing rights to international soccer tournaments.
It is a somewhat common refrain that while corporate executives and companies pressured into paying bribes overseas face prosecution under the FCPA, the foreign officials who solicit, demand, and even extort the bribes go scot-free. As with many refrains, however, the reality is more complex.
A recent report highlights issues of ethics and trust in America’s college admissions process.
The World Bank and other multilateral development banks (MDBs) fund more than $117 billion in projects each year. While not regulators, they have unique powers to investigate and punish companies for misconduct, like fraud and corruption, in the projects they finance.
Texas-based Lennox International Inc. said in a securities filing Monday that it self reported to the SEC and DOJ an alleged payment of $475 to a Russian customs broker or official.
The former president of the Costa Rican soccer federation and a member-elect of the FIFA executive committee pleaded guilty Friday in federal court in Brooklyn, New York to taking hundreds of thousands of dollars in bribes.
A lack of information about the people who ultimately own or benefit from legal entities is one of the most pervasive challenges in increasing transparency and fighting against corruption. The U.S. Government oversees a vast network of contractors, and the collection and publication of the beneficial ownership information of such contractors as part of procurement protocol could greatly benefit the level of transparency in government contracting, cut down on government waste, and decrease fraud and corruption.
Spain is in the grip of a massive corruption scandal. A trial began this month in which some of the highest-ranking former lawmakers and officials of the ruling Popular Party (PP) are facing .