Corruption

Credit Suisse charged under Foreign Corrupt Practices Act

Bribes are evolving with the new era. Politicians and decision makers are becoming smarter and they are adopting to new ways of bribing. According to order passed by Securities...

Société Générale fined $860 Million for bribes in Libya

Société Générale S.A. (SocGen), a global financial services institution based in Paris, France, and its wholly owned subsidiary, SGA Société Générale Acceptance N.V., have...

Panasonic Subsidiary fined $137 Million for alleged bribery charges

The consultants, which did little or no actual consulting work for Panasonic Avaionics (PAC), a wholly owned subsidiary of Panasonic Corporation, were retained through...

Dun & Bradstreet to pay $9 million FCPA fine

D&B managed its global operations through various international segments, which included regional management in Europe, Canada, Asia Pacific, and Latin America. D&B’s Asia Pacific...

Transport Logistics International Inc. Agrees to Pay $2 Million Penalty

TLI conspired with others to corruptly pay more than $1.7 million to offshore bank accounts associated with shell companies, at the direction of, and...

Global Icons who Laundered proceeds of corruption

According to a first of its kind report on ‘Ascertaining size of corruption in India with respect to money laundering’, an individual spent over...

Clarification of Bharti-Walmart on Lobbying expenses

Bharti Walmart has denied reports that the retail giant pressed U.S. lawmakers to help gain access to foreign markets. The allegation that a routine US...

The Walmart Story – Exposing lacunae in retail policies

In my last article, Read: Flipkart being investigated for FDI Violation I covered the way Flipkart could be flouting the FDI norms. This piece of...

Whistleblowing allegations against President of the NGO

Sometimes the CFAPs are called to work on the forensic accounting projects in the NGO sector. While i was talking to a friend who...

Opening the swiss bank account – Truth or Myth

Swiss bank accounts have always been a topic of curiosity and discussion, especially in India. People wonder why some individuals, including Indians, choose to...

Incorporation of Swiss Company

After the expose of Arvind Kejriwal about the Swiss banking system and its ease of opening the accounts we found that a lot of...