The German car manufacturer said the extension was based on a mutual agreement between Daimler and the U.S. government. Daimler settled Foreign Corrupt Practices Act charges in April 2010.
Petty corruption is down by €78 million from 2010 to 2011, according to a new report.
Only 5 percent of Italians believe corruption is on decline in the country, the report stated.
The increased numbers has sparked further discussion of using deferred prosecution agreements in the United Kingdom.
The Czech-born businessman will not be extradited from the Bahamas to stand trial on Foreign Corrupt Practices Act charges.
The company settled charges that it had violated U.S. foreign bribery law in connection with an ongoing sweep of the medical device industry. UPDATED 5:13 p.m. with additional comment from Biomet.
The review is an important step in Russia’s path to joining the OECD.
BAE Systems plc formally signed a memorandum with the U.K. and Tanzanian governments, allowing the allocation of funds to move forward.
The technology company’s CEO saw his bonus slashed after an expensive internal investigation into possible violations of the Foreign Corrupt Practices Act.