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Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

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FCPA Blog Daily News

Entries in Hungary (22)

Monday
Apr242017

Hungarian telecom execs pay penalties for FCPA offenses

Two former executives of Magyar Telekom who were headed for trial this month against the SEC agreed instead Monday to pay penalties and accept officer-and-director bars to settle FCPA violations.

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Tuesday
Mar292016

SFO charges another individual in Alstom corruption case

The UK Serious Fraud Office charged another individual Tuesday as part of the ongoing investigation into Alstom.

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Tuesday
May122015

Former Alstom ethics and compliance chief charged in UK for overseas bribes

Budapest Metro (Image courtesy of Alstom)The UK Serious Fraud Office said Tuesday that it charged another former Alstom executive for bribing foreign officials.

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Friday
Apr172015

UK brings new Alstom charges for Hungary bribes

Image courtesy of Alstom SAThe UK Serious Fraud Office brought new charges Thursday against a UK subsidiary of Alstom SA and an Alstom employee for alleged corruption in a project to supply trains to the Budapest Metro.

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Thursday
Jan082015

Ukraine and the New Cold War: Compliance and enforcement risks rise in Eastern Europe

Since the start of the Ukraine crisis, NATO Secretary General Anders Fogh Rasmussen has called on NATO countries to increase defense spending. Poland has announced plans to accelerate a major military modernization program. And Latvia, Lithuania, Romania and the Czech Republic have all promised to increase their defense spending.

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Tuesday
Nov182014

Hungary protesters: ‘Fire our tax collector the Americans call corrupt’

Ildikó Vida, chief of Hungary's tax authorityMore than 10,000 Hungarians protested in front of the national Parliament in Budapest Monday evening. Besides expressing their anger toward Prime Minister Viktor Orban's government, their main demand was that the head of the tax authority, Ildikó Vida, resign.

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Monday
Oct202014

Hungary demands evidence following U.S. ban on officials and businessmen

Chargé d'Affaires M. André Goodfriend (Embassy photo by Attila Németh)The United States imposed a travel ban on ten Hungarian officials and businessmen, the Hungarian media reported Friday morning. By early afternoon chargé d'affaires of the U.S. embassy in Budapest, M. André Goodfriend, called a press conference and confirmed that the United States revoked the visas of "less then ten” persons.

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Thursday
Sep042014

SFO considers more arrests in Rolls Royce case

The director of the UK Serious Fraud Office said the agency is close to making more arrests in its bribery investigation of jet engine maker Rolls-Royce Holdings Plc.

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Thursday
Jun122014

Croatia to try energy exec in absentia for role in bribery scandal

MOL chairman Zsolt HernadiZsolt Hernadi, chairman of Hungarian energy group MOL, will be tried in absentia on graft charges linked to MOL’s purchase of Croatian oil and gas firm INA, a Croatian court said Tuesday.

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Wednesday
Apr232014

U.S. seeks arrest of India MP for mining bribe plot

K.V.P. Ramachandra RaoThe DOJ asked India to arrest a member of parliament indicted by a federal grand jury in Chicago in early April for a plot to grant mining rights in return for more than $18 million in bribes.

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Tuesday
Mar112014

SEC drops some charges against former Magyar Telekom execs

The Wall Street Journal's Joel Schectman reported Monday that the SEC is dropping allegations that former executives of the Hungarian unit of Deutsche Telekom bribed officials in Montenegro.

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Thursday
Feb132014

Two arrested in ongoing Rolls Royce bribery probe

Two people were arrested in London on Wednesday as part of the Serious Fraud Office's investigation into aerospace and defense company Rolls Royce's dealings in Asia.

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