United States: U.S. charges two former Herbalife executives in China over bribery scheme: source
November 15th, 2019 U.S. prosecutors criminally charged two former executives of Herbalife Nutrition Ltd’s Chinese unit with running a decade-long scheme to bribe Chinese government officials to win business and evade regulatory scrutiny, a person familiar with the matter said. Herbalife was not criminally charged, and the multi-level marketing...
Brazil: Brazil construction firm OAS signs $461 mln leniency deal in corruption case
November 15th, 2019 Brazilian construction firm OAS SA on Thursday signed a leniency deal with Brazil’s federal government, pledging to pay a total of 1.92 billion reais ($461 million) by 2047 after it was caught up in the sweeping “Car Wash” corruption probe. OAS was one of many Brazilian engineering and construction groups accused of paying...
Iceland: Fish company CEO 'steps aside' following Al Jazeera Investigation
November 15th, 2019 The CEO of the Icelandic fishing conglomerate Samherji has been suspended from his post following allegations of corruption in his company's activities in Namibia. Thorsteinn Mar Baldvinsson, who has led the family-run company for nearly 40 years, was relieved of his duties while the company conducts a full investigation, assisted by...
Italy: Former Italian MEP and EPP group vice-chair arrested on corruption charges
November 15th, 2019 Lara Comi, once a rising political star and a former MEP for Silvio Berlusconi’s Forza Italia, has been put under house arrest by the Italian police on Thursday (14 November) for alleged illegal financing and corruption. Comi, 36, was a very active MEP for two mandates (2009-2019). The Italian prosecutor on the case said it was...Anti-Corruption Compliance Solutions
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