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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

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

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in India (218)

Tuesday
Dec162014

Bloomberg: Alstom close to $700 million criminal FCPA settlement

Image courtesy of AlstomAlstom SA is close to settling a criminal bribery investigation with the DOJ for $700 million,  Tom Schoenberg of Bloomberg reported Tuesday.

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Wednesday
Dec102014

To find terrorism, look for graft

Last year, 17,958 people were killed in terrorist attacks, 61% more than the previous year. More than 80% of all deaths from terrorist attacks occurred in five of the world's most corrupt countries -- Iraq, Afghanistan, Pakistan, Nigeria, and Syria.

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Wednesday
Dec032014

TI releases 2014 Corruption Perceptions Index: Action needed in the U.S. and other countries

Transparency International released its 20th edition of the Corruption Perceptions Index (CPI) today, available here. The 2014 CPI ranks 175 countries based on the perceptions of public sector corruption. Denmark is at the top of the list with a CPI score of 92. Similar to the last several years, North Korea and Somalia are at the bottom of the list, scoring 8 each.

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Thursday
Oct232014

OECD enforcement grades are in (and still aren't pretty)

For the tenth year in a row, Transparency International (TI) has assessed enforcement of the OECD Anti-Bribery Convention (the Convention) and the results are disheartening.

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Thursday
Oct162014

Oracle denies departure of India head connected to bribery allegations

Oracle Corporation said Thursday that Sandeep Mathur, managing director of the company’s Indian subsidiary, Oracle India Pvt. Ltd., has quit. But Oracle denied his leaving was linked to recent allegations in the India press of bribery.

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Tuesday
Oct142014

Ex Finmeccanica boss Orsi cleared of India bribery

An Italian court Thursday sentenced the former head of Finmeccanica, Giuseppe Orsi, to two years in prison for false bookkeeping. But Orsi was acquitted of international corruption related to a $712 million deal to sell 12 helicopters to India in 2010.

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Tuesday
Oct142014

Prof Spalding: It really is about the children

I can still see the girl, staring at me through the car window. Her filthy, tattered clothes.  Her lifeless face.  The dead eyes. There I was in India, on a fancy research grant, studying the impact of anti-bribery enforcement on developing countries. I was in the hired car, she was begging at the stop light. We were separated by an eighth-inch of glass, and yet by a chasm of privilege, comfort, and opportunity that she would never, ever cross. Never. 

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Monday
Oct062014

Ex Finmeccanica CEO casts himself as graft fighter felled by palace intrigue

Former Finmeccanica CEO Giuseppe Orsi is on trial in an Italian court for offering bribes to officials in India to win a $700 million helicopter contract.

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Thursday
Oct022014

Eric Holder and the international coalition against graft

Image courtesy of the U.S. Department of JusticeFCPA enforcement has waxed and waned during Eric Holder's six-year tenure as U.S. Attorney General. But that's not the whole picture. During the same time, global anti-corruption enforcement has picked up speed and is more robust today than ever. Enforcement actions are breaking out all over -- from Japan to Canada, from the UK, Italy, France and Germany to Australia, and across Scandinavia to Africa and South America. The enforcement world is now a different place.

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Wednesday
Sep242014

General Cable reports investigation of Angola, Thailand, India payments

Kentucky-based General Cable Corporation said in an SEC filing Monday that it is investigating "certain commission payments involving sales to customers" in Angola, and the way the payments were reflected in the company's books and records. Payments to agents in Thailand and India are also being investigated and "may have implications under the FCPA," the company said.

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Monday
Sep222014

Nine-year-old boy dies because of unpaid bribe in India hospital

A nine-year-old boy died at a government hospital in the northern India state of Bihar after being fitted with an empty oxygen cylinder allegedly because his family wasn't able to pay a Rs100 ($1.64) bribe.

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Wednesday
Sep172014

India lifts military procurement ban on Rolls Royce, Finmeccanica

India will allow its military to buy from defense contractors that were previously banned because of graft allegations.

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