Transparency International yesterday released its 2011 Bribe Payers Index.
Entries in Indonesia (86)
Two former CEOs of Innospec subsidiaries were charged with corruption in the U.K.
The U.K. Serious Fraud Office said today that a former Innospec business unit director was charged with conspiring to make corrupt payments to public officials in Indonesia and Iraq to secure sales of the company's products.
The Guardian today reported the arrest of a British businessman who allegedly paid for the son of a Vietnamese state bank governor to attend Durham University in the U.K. in exchange for a banknote printing deal.
A new World Bank study on corruption in the roads sector shows the challenges contractors and engineering firms working in developing countries face when trying to avoid being drawn into schemes that violate the Foreign Corruption Practices Act or the anti-corruption laws of other nations or both.
As we said, two FBI agents at an international law enforcement conference last week said several U.S. public companies are being investigated for bribery in Indonesia.
An FBI agent told a gathering of international law enforcement officials last week that several U.S. public companies are being investigated for bribery in Indonesia.
Following the lead from China and Russia, both Indonesia and India are working on their own versions of the FCPA.
A quick test for stability is to check how long the leader has hung on, and how corrupt his or her country is perceived to be by the rest of the world. It's inexact but can give clues about what might happen.
Bribes from prisoners to guards probably aren't ever going to be prosecuted under the FCPA -- they're not intended to obtain or retain business. Still, we think prison corruption should get more attention than it does.