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 Louis Berger International (6)
It was not long ago that Vijay Mallya, a flashy Indian businessman and a former member of parliament, was celebrating his 60th birthday in style in Goa where Latin pop star Enrique Iglesias had been flown in especially for the occasion.
During the third calendar quarter, there were five corporate FCPA enforcement actions and one individual resolution.
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.
Former Louis Berger vice president Satyakam Mohanty was arrested Monday on allegations of bribing Indian officials to win a water development project in the state of Goa.
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.