Dorsey & Whitney LLP | Global, United Kingdom, USA | 21 Dec 2012
Several U.S. mayors are on trial for, under investigation for, or have just been found guilty of charges related to extortion and bribery. A brief rundown:…
Dorsey & Whitney LLP | South Korea, USA | 17 May 2012
South Korean First Lady Ms Kim Yoon-ok’s cousin, Mr Kim Jae-hong, has been sentenced to two years imprisonment and fined 390 million won for accepting bribes in return for helping Jeil Savings Bank avoid regulatory penalties.
Dorsey & Whitney LLP | Australia | 16 Apr 2012
Further to the March edition of the Corruption Digest, the Australian Securities and Investments Commission (ASIC) has announced that it will not investigate directors of allegedly corrupt Reserve Bank subsidiaries despite a federal police referral.
Dorsey & Whitney LLP | Zimbabwe | 22 Dec 2011
The House of Assembly is to investigate the Parliamentary Portfolio Committee on Budget, Finance and Investment Promotion chairman, Mr Paddy Zhanda, after he allegedly sought bribes from the Governor of the Reserve Bank of Zimbabwe (RBZ), Dr Gideon Gono, in return for dropping the committee’s investigations into the central bank’s activities.
Dorsey & Whitney LLP | Global | 20 Oct 2011
In a recent annual review of the World Bank’s anti-graft unit’s work, it seems that many countries are failing to follow through with investigations of corrupt conduct referred to them by bank officials.
Dorsey & Whitney LLP | India | 20 Oct 2011
A number of financial service firms have had charges filed against executives in an alleged bribes-for-loans case.
Dorsey & Whitney LLP | Saudi Arabia, United Kingdom | 20 Oct 2011
It has been alleged that bribes were accepted by the Saudi royal family from military defence company GPT, a British subsidiary of EADS, in return for securing a £2 billion Saudi Arabian contract to provide communications and cyberwarfare capability.
Dorsey & Whitney LLP | USA, Vietnam | 27 Sep 2011
Bill Lowther, a British businessman and former deputy chairman of Securency, is being investigated by the SFO in the UK for allegedly conspiring to corruptly pay for the son of the then governor of Vietnam’s state-owned bank to be educated at Durham University in order to secure a lucrative contract.
Dorsey & Whitney LLP | Australia, Germany | 27 Sep 2011
Christian Boillot, a former sales executive for Note Printing Australia, a currency firm wholly owned by the Reserve Bank of Australia, has been extradited from Germany to face bribery charges.
Dorsey & Whitney LLP | Hong Kong | 27 Jul 2011
Hong Kong’s anti-corruption agency has reported that Derek Chan, a former senior executive of Industrial and Commercial Bank of China (Asia) Limited, a subsidiary of Industrial & Commercial Bank of China Ltd., admitted accepting HK$3.3 million ($424,000) in bribes for assisting a businessman extend the repayment period for a loan.