Entries in Victor Dahdaleh (15)
The UK Serious Fraud Office said Friday that its £3 million ($5 million) confiscation order against former Alba chief Bruce Hall has been fully paid.
An Australian executive who once served as CEO of state-owned Aluminium Bahrain B.S.C. (Alba) was jailed Tuesday in the UK for 16 months.
I do not subscribe to the gloomy prognostications of the relentlessly hostile judiciary and media when it comes to their rebukes of the UK's Serious Fraud Office.
Lawyers for billionaire Victor Dahdaleh from Washington, D.C. litigation powerhouse Williams & Connolly have struck back at Bahrain's Alba and its American attorneys.
A unit of Alcoa agreed to plead guilty Thursday in the Western District of Pennsylvania to one count of violating the anti-bribery provisions of the FCPA with a 2004 corrupt transaction. Alcoa World Alumina LLC, a majority-owned subsidiary, will pay a criminal fine of $209 million and forfeit $14 million to settle the DOJ’s charges. Alcoa Inc., the corporate parent, also agreed to resolve civil charges brought by the Securities and Exchange Commission by disgorging $161 million.
The London trial of former Alcoa super-agent Victor Dahdaleh ended Tuesday in a complete acquittal after two witnesses from a U.S. law firm involved in the investigation refused to testify and another witness changed his evidence, dealing a huge blow to the already embattled U.K. Serious Fraud Office.
An Australian joint venture partner of Alcoa said this week that possible FCPA settlements with the DOJ and SEC for alleged bribes to officials of Bahrain's Alba could amount to more than $300 million.
Alcoa said Tuesday it has reached a settlement with Aluminium Bahrain B.S.C. ('Alba') to end a civil lawsuit that accused Alcoa of bribing Alba officials and overcharging for the supply of raw materials.
Alcoa's former agent Victor Dahdaleh and the one-time head of Aluminium Bahrain B.S.C. ('Alba') appeared Monday in criminal court in London.
Aluminum Bahrain BSC ("Alba") said last week it should be allowed to sue for damages in a U.S. court because it was victimized by alleged bribery and fraud that was 'home-cooked . . . conceived, orchestrated, and directed in and from the United States.'