Bribery and Corruption
Olympus settles US bribery probe
Olympus Corp., a leading manufacturer of medical supplies, has agreed to pay $635 million to resolve separate criminal and civil investigations into foreign bribery.
French police widen world athletics corruption investigation
It is reported that French prosecutors are widening their investigation into wrongdoing at the International Association of Athletics Federation to include the bidding and voting processes for the Rio 2016 and Tokyo 2020 Olympic Games.
Health & Safety
The Ministry of Defence is to be reprimanded over the deaths of three soldiers on an SAS training exercise in the Brecon Beacons in 2013. The Health and Safety Executive said the MoD would be censured - the highest action the HSE can take.
Supermarket chain Aldi has been fined after a smoking shelter, blown by the wind, injured an employee. The shelter had been moved by contractors Wilkinson Maintenance in order to install an emergency exit and was left unsecured. Both companies pleaded guilty to one charge under the Health and Safety at Work Act 1974. Aldi was fined £100,000 and Wilkinson Maintenance was fined £20,000. Both were ordered to pay £5,000 in costs.
HSE Strategy to be discussed at Westminster
The new HSE strategy will be discussed at Westminster on 17 March 2016. One of AG's Safety Team will be in attendance so should you wish to hear any more about it, please don't hesitate to contact Lee Hughes (Lee.Hughes@addleshawgoddard.com ).
Derbyshire based Waste Management Company fined
Derbyshire based Rainbow Waste Management has been fined after a worker died when he was crushed by a bucket on a motorised shovel. Ashley Morris sustained fatal injuries to his head and spine in the incident in June 2013. Rainbow Waste Management pleaded guilty to breaching Section 2(1) of the Health and Safety at Work Act and was fined £136,000 and ordered to pay £64,770 costs.
HSE to prosecute Alton Towers' owners after 'Smiler' incident
The Health and Safety Executive have informed Merlin Attractions Operations Ltd that it will be prosecuted over an incident in which five people were seriously injured on a rollercoaster at the theme park.
Former Asda executive jailed for company charity fraud
A former Senior Executive of Asda, Paul Kelly, has been jailed for three years for defrauding the company's charitable foundation out of £180,000.
It is understood that between 2013 and 2014, Mr Kelly directed donation money meant for flood victims to his partner's dance company. He admitted seven charged of fraud.
Marvell clears itself of fraud, finds revenue timing issue
Marvell Technology Group Ltd., last year announced that its internal audit committee commenced an investigation into its accounting and internal controls. It is understood that the committee found no evidence of fraud.
UBS investigated for tax fraud and money laundering in Belgium
UBS is being investigated over money laundering and serious organised tax fraud in Belgium.
Australia softens sanctions against Iran
Australia has lifted sanctions on Iran after confirmation from the United Nations that Tehran had taken steps required to curb its disputed nuclear program.