The appeal of telecommunications equipment supplier Alcatel-Lucent was rejected by French Courts, finalizing the judgment of 150,000 euros in fines levied against the group for bribery of foreign public officials in Costa Rica in the early 2000s.
Four former employees of Swedish telecommunications company Ericsson AB have been charged with bribery in Stockholm. In parallel, Ericsson agrees to pay its Finnish competitor Nokia $97 million for damages claimed related to its corrupt activities.
The Airbus bribery scandal continues to reverberate around the world. This latest lawsuit against the plane maker revolves around murky allegations of bribery, reputational damage, and lost income at the airline.
French industrial group Bollore on Friday entered into a settlement with the French authorities over a decade-old corruption case in Togo. The holding company admitted to resorting to corruption and breach of trust in order to win the management of the port of Lomé,… Continue Reading “FRANCE: Bolloré Group fined €12m for corruption in Africa”
So the verdict is in: being invited by a Sheikh to watch the F1 race will land you in hot waters in Switzerland. A former Geneva minister has been found guilty of accepting an undue benefit linked to his luxury trip to Abu Dhabi.
Advertisers take note! Google has been slapped with a €100 million fine ($120M) for dropping cookies on Google.fr and Amazon €35M ($42M) for doing so on Amazon.fr under the enforcement notices issued today.