Two former senior executives of Louis Berger International were sentenced for bribing officials for more than a decade to win contracts in India, Indonesia, Vietnam, and Kuwait.
Entries in Kuwait (13)
FMC Technologies received "an inquiry" from the Justice Department as part an investigation into whether services Unaoil provided to clients, including FMC, violated the Foreign Corrupt Practices Act.
UK oil services firm Petrofac PLC said it launched an investigation into allegations of bribery to win contracts Kazakhstan and the Middle East.
A former vice president of defense contractor IAP Worldwide Service was sentenced in federal court in Virginia Friday to 120 days in prison.
Police sources in India said the former chief minister of the India state of Goa allegedly "blackmailed" Louis Berger International by refusing to approve work permits and invoices until the company paid bribes.
Louis Berger International Inc., a New Jersey-based construction management company, admitted violating the Foreign Corrupt Practices Act and agreed to pay a $17.1 million criminal penalty.
Kuwait's Social Affairs and Labor Ministry issued a decree on May 7 that dissolved the board of the independent Kuwaiti Transparency Society (KTS).
IAP Worldwide Services pays $7.1 million criminal fine to settle FCPA offenses, former VP pleads guilty
A Florida defense and government contracting company, IAP Worldwide Services Inc., agreed to pay a $7.1 million penalty to resolve the DOJ's investigation into an alleged conspiracy to bribe Kuwaiti officials to win a contract.
The Organization of the Petroleum Exporting Countries was founded in Baghdad in 1960 by five countries -- Iraq, Iran, Kuwait, Saudi Arabia, and Venezuela. It later expanded to the current twelve members.
The top 20 oil producing nations have an average rank on the corruption perceptions index of 90 -- just into the bottom half.
Great post Tuesday by our cousins at thebriberyact.com.