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 our readers have cultivated interest in getting...
Opening the swiss bank account – Truth or Myth
Arvind Kejriwal made a statement that opening the bank account in the Swiss bank account is much easier than opening a bank account in the State Bank of India. He also...
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 Rs 2,000 as a cost of corruption...
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...
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...
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...
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...
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...
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 is often called to investigate the allegations...
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...
