Swedish court acquits Russian in Bombardier bribe trial


A Russian employee of Bombardier accused of aggravated bribery was acquitted Wednesday when the District Court in Stockholm ruled the charges couldn't be proved.




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A Russian employee of Bombardier accused of aggravated bribery was acquitted Wednesday when the District Court in Stockholm ruled the charges couldn't be proved.
A Russian employee in the Swedish unit of Bombardier has been formally charged with bribing a government official in Azerbaijan to win a $340 million contract for a new train signaling system.
Authorities in Sweden arrested an executive and questioned several others from international engineering and manufacturing firm Bombardier as part of an investigation into corruption in Azerbaijan.
Rolls-Royce plc agreed to pay the United States a criminal penalty of $170 million under a deferred prosecution agreement after being charged with a long-running global conspiracy to violate the Foreign Corrupt Practices Act.
Azerbaijani President Ilham AliyevThe president of oil-rich Azerbaijan and his two daughters own foreign luxury flats and homes -- three of them in London -- together worth $140 million.
Investigative reporter Khadija Ismayilova is in prison in Baku after she published a series of reports about corruption in the Azerbaijan regime.
Two former executive directors of Austria's state-owned banknote printer pleaded guilty during a criminal trial in Vienna for a conspiracy to win business by bribing officials in Syria and Azerbaijan.
The State Oil Company of Azerbaijan (SOCAR) signed an unusually rich production sharing agreement with a company based in the United Arab Emirates that has close ties to Azeri officials.
Freedom House said in its latest report that 54 countries showed overall declines in political rights and civil liberties, compared with 40 that showed gains.
Wolfgang Duchatczek, courtesy of YouTubeThe former deputy governor of Austria's central bank and eight other defendants went on trial Monday for allegedly bribing officials in Azerbaijan and Syria to win banknote contracts.
The former hedge fund executive who pleaded guilty nine years ago to conspiracy to violate the FCPA was sentenced Wednesday to time he aleady served in jail.