Swiss Banking disclosures by Arvind Kejriwal
On 9.11.2012, Anti-corruption activist made a press statement saying that there are Rs. 6000 crores in just 700 accounts in HSBC Bank.We have analysed the position of these allegations in line...
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 lobbying disclosure form reflects improper conduct on...
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 information would be helpful in the wake...
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 Exchange Comission...
SEC Charges TYCO with making illicit payments to foreign officials
Securities and Exchange Commission today announced that it filed a settled civil action in the United States District Court for the District of Columbia against Tyco International Ltd. The complaint alleges...
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 agreed to pay a combined total penalty...
Top Ten Things to Prevent the Corruption in India
Introduction
According to the research published in Indian Express, Corruption cost India Rs 1,555 thousand crores every year. This is a huge sum of money. A large section of the population in India...
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 a third-party service provider and were paid...
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 for the benefit of, Vadim Mikerin, a Russian...
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 interests included subsidiaries, joint ventures and strategic...
