Sir Albert Henry won the election that March as a direct result of the additional votes cast. But in July of that year, the election was contested and the additional votes were thrown out by the high court, saying there were “tainted by bribery.”
In January of 1974, Katy won the 30-year oil production contract with the Indonesian government-owned oil and gas company, Pertamina.
A key defense lawyer does not see a rush of public companies to go to trial.
Japanese-based Marubeni Corporation has agreed to pay $54.6 million for its role in bribing Nigerian officials to win gas facility construction contracts at Bonny Island, Nigeria for the TSKJ joint venture.
One of the world’s largest insurance firms entered into a non-prosecution agreement with the Justice Department and a settlement with the SEC totaling nearly $16.3 million for alleged illicit conduct in seven countries.
An estimated $903 billion illegally flowed out of developing countries in 2009, despite the economic downturn that hit the global market in 2008.
America slips more on Trace International’s corruption perceptions index.
With the notion of American-style plea bargains severely criticized by many British judges, it remains to be seen how the pleas will be treated. The SFO was tight lipped about the apparent negotiations.
The closely watched case is seen by some as a litmus test for the Department of Justice’s efforts to pursue corrupt foreign officials.
The attention given to anti-corruption by the world’s top economies won quick praise from good governance groups.
Embraer appears to be the first company to disclose that it is a target of an FBI initiative investigating bribery and corruption involving the global aerospace industry.
The request comes after the national police chief admitted in the Indonesian press that the police had received payments from the company for providing security forces at a mining site, or, as he called it “lunch money.”
THE PAST AND FUTURE FOR CORPORATE PROSECUTIONS: Orrick partner Michael Madigan discusses his successful defense in 2006 of the former chairman of KPMG’s Tax Department, which led to reduced leverage for prosecutors in pursuing corporation prosecutions.