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Your daily digest of global corruption and compliance updates
Ethical Alliance Daily News 
 

United States: Ericsson Nears U.S. Bribe Settlement That Could Cost More Than $1 Billion
Dec 06, 2019 08:00 pm
Ericsson AB is nearing a resolution of a long-running U.S. corruption investigation, according to two people familiar with the matter, a deal that could cost the telecommunications equipment maker more than $1 billion. Such an agreement, which the people said...

United Kingdom: Serious Fraud Office investigates Glencore over suspected bribery
Dec 06, 2019 07:30 pm

The UK’s Serious Fraud Office has launched an investigation into suspicions of bribery at mining and commodity trading group Glencore. The SFO said “it is investigating suspicions of bribery in the conduct of business by the Glencore group of companies,...

Israel: Prosecutors announce bribery charges in vast submarine corruption case
Dec 06, 2019 07:00 pm

State prosecutors announced charges Thursday against former defense officials and associates of Prime Minister Benjamin Netanyahu, including his cousin who was his former lawyer, in a major graft case involving alleged corruption in the purchase of naval vessels. Case 3000,...

Indonesia: After 3 years, KPK concludes probe into Rolls-Royce bribery case implicating ex-Garuda boss
Dec 06, 2019 06:30 pm

The Corruption Eradication Commission (KPK) completed on Wednesday its investigation into former national flag carrier Garuda Indonesia president director Emirsyah Satar, a suspect of money laundering and bribery pertaining to the procurement of aircraft parts. Aside from Emirsyah, the KPK...

United States: New York Doctor Convicted of Taking Kickbacks From Opioid Maker Insys
Dec 06, 2019 06:00 pm

A New York doctor was convicted on Thursday of accepting thousands of dollars in bribes and kickbacks from Insys Therapeutics Inc in exchange for prescribing his patients an addictive fentanyl spray the drug manufacturer produced. Gordon Freedman was the fourth...

Indonesia: Hyundai general manager receives KPK summons as bribery case suspect
Dec 06, 2019 05:30 pm

The Corruption Eradication Commission (KPK) summoned Hyundai Engineering and Construction general manager and PT Kings Property Indonesia director as suspects in a bribery case over licensing and property in Cirebon District, West Java Province, Thursday. The Hyundai Engineering and Construction...

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