Showing 1 - 10 of 13
Chinese telco could face $1-billion US fine for bribery
Reuters, Published on 11/12/2025
» The Chinese telecoms equipment maker ZTE Corp may pay more than $1 billion to the US government to resolve years-old allegations of foreign bribery, according to two people familiar with the matter.
Trial begins in Vietnam's largest, multi-billion-dollar fraud
Reuters, Published on 05/03/2024
» HANOI: The trial in Vietnam's largest financial fraud case on record began on Tuesday, with nearly 90 defendants accused of being part of a $12 billion scam, for which some of them risk the death penalty.
Former Thai National Shippers’ Council (TNSC) pointed out that foreign private entities are afraid of business problems so they have to pay bribes to Thai officials
Published on 12/06/2023
» Former Thai National Shippers’ Council (TNSC) chairman identified small private sectors that are not strong must submit to pay bribes in exchange for convenience, including not being targeted or nitpicked.
Airbus pays 15.9m euros to close French corruption probe
AFP, Published on 01/12/2022
» PARIS: A French judge on Wednesday allowed European aerospace firm Airbus to pay 15.9 million euros ($16.4 million) to avoid a corruption probe into aircraft deals in Libya and Kazakhstan between 2006 and 2011.
Credit Suisse to pay $475m to settle charges in Mozambique 'hidden debt' scandal
AFP, Published on 20/10/2021
» NEW YORK: Credit Suisse has agreed to pay $475 million to US and British authorities to resolve charges of "fraudulently misleading investors" and violating anticorruption law in the bond offerings in Mozambique, US officials announced Tuesday.
Novartis agrees to $642mn US settlement over kickbacks
AFP, Published on 02/07/2020
» WASHINGTON - Swiss pharmaceutical giant Novartis has agreed to pay more than $642 million to settle a lawsuit which accused it of paying kickbacks to doctors, among other allegations, the US Department of Justice said Wednesday.
Ex-UAW chief pleads guilty to embezzling $1m in union dues
AFP, Published on 04/06/2020
» DETROIT: A former president of United Auto Workers faces up to five years in prison after pleading guilty Wednesday to embezzling more than $1 million dollars in union funds and evading taxes.
Goldman Executive Exits After He Is Barred From Banking Over 1MDB Scandal
Business, Liz Hoffman & Andrew Ackerman, Published on 06/02/2020
» A senior Goldman Sachs Group Inc. executive left the firm after the Federal Reserve punished him for his role in a Malaysian corruption scandal that has tarnished Goldman's reputation.
Humbled Goldman Sachs still faces questions on 1MDB
AFP, Published on 09/02/2019
» NEW YORK: Goldman Sachs's decision to potentially cut bonuses for top executives over the 1MDB scandal reflects an acknowledgement at shareholder and public outrage over the debacle.
Too much of a good thing?
Business, Kanana Katharangsiporn, Wichit Chantanusornsiri & Somruedi Banchongduang, Published on 01/10/2018
» Underlying risks are lurking in the increasing supply glut of Bangkok condos.