Medical device company Biomet has agreed to pay more than $22 million to settle charges by the Securities and Exchange Commission (SEC) as well as parallel criminal charges by the U.S. Department of Justice (DOJ).
The former manager of China National Coal Group, Mr Zhang Baoshan, has received eight years' imprisonment for allegedly accepting more than 2.8 million yuan (HK$3.4 million) from three energy companies between 2007 and 2009.
This is a case in which the company was charged in a one-count criminal information.
Further to articles contained in the November 2011, January 2012 and February 2012 editions of the Corruption Digest, five more employees of The Sun newspaper have been arrested for alleged bribes to police and other officials.
Following the 2011 bribery allegations involving staff at Reserve Bank of Australia off-shoots Securency and Note Printing Australia, a number of groups have become concerned about possible breaches by their employees.
A former features editor of the News of the World, Mr Matt Nixson allegedly approved a bribe for a prison guard to gather information on the convicted child killer, Ian Huntley.
A former police general commissioner, Mr Kang Hee-rak has had his jail term and fines reduced by a Seoul appellate court who dismissed part of the lower court’s conviction for bribe taking.
A Canadian media report has alleged that in 2007, minister for heavy industry, Mr Praful Patel, accepted $250,000 from an Indian-born Canadian citizen, Mr Nazir Karigar, during his tenure as civil aviation minister, to try and secure a $100 million contract for a facial-recognition system for Air India.
Korea Communications Commission Chairman, Mr Choi See-joong has resigned following an investigation into the bribery influence-peddling allegations involving his close aide.
Ousama Naaman, a former agent for specialty chemical manufacturer Innospec Inc., has received a 30-month sentence and a $250,000 fine for paying bribes to Iraqi government officials to win contracts under the former United Nations Oil for Food Program.