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Industrial company Ferrostaal AG shareholders have approved a EUR149 million fine to settle allegations that managers paid bribes to secure a EUR1.6 billion order for submarines in 2000
Former BayernLB banker, Mr Gerhard Gribkowsky, is standing trial in Munich on charges that he allegedly took a £27.5 million bribe from Formula One boss Mr Bernie Ecclestone to sell Formula One rights
Allianz SE, Europe’s largest insurer, is reportedly close to reaching a settlement with the Securities and Exchange Commission over allegations that it paid bribes in Indonesia in order to win insurance business
Further to the report in the November edition of the Corruption Digest, Tognum AG executive board member, Mr Peter Kneipp has resigned in the wake of a probe into bribery allegations
