Foreign Corrupt Practices Act News

Companies

Panasonic says its avionics business being probed by US authorities

Panasonic says its avionics unit is being investigated by US authorities under the Foreign Corrupt Practices Act

1 min read2 Feb 2017
Companies

Teva to pay US government $519 million over foreign bribery charges

Teva's settlement with US department of justice and SEC relates to conduct in Ukraine, Mexico and a guilty plea by a subsidiary in Russia

1 min read22 Dec 2016
Companies

Cognizant finds ‘improper payments’ of $5 million made in India

Cognizant CEO Francisco D'Souza said it was found that certain members of senior management may have been aware of or participated in the matters under investigation

1 min read8 Nov 2016
Companies

Cognizant reveals corruption probe in US, replaces president

Cognizant appointed India-born Rajeev Mehta as the new president of the company after the current president Gordon Coburn resigned

2 min read1 Oct 2016
Companies

Ericsson faces US corruption probe: Report

Ericsson is being investigated by US authorities over possible corruption related to its business in China

1 min read17 Jun 2016
Companies

Wal-Mart paid millions in bribes in India, says report

Thousands of small payments were made to low-level officials to help move goods through customs or obtain real estate permits

2 min read20 Oct 2015
Opinion

GMR, not Wal-Mart, is our real worry

Where Indian firms might be getting it wrong is in their estimation of how hard some govts are going after corruption

3 min read12 Dec 2012
Companies

Daimler fined $185 million for bribery

Daimler fined $185 million for bribery

2 min read2 Apr 2010
Opinion

Corruption, an Indian tale

Corruption, an Indian tale

1 min read18 Oct 2009

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