Category: Kickbacks

USA: German Attorney Pleads Guilty to Money Laundering

Defendant laundered more than $1.1 Million through a shell company. Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the content. To continue reading, please login or Register now.

Samsung Heavy Industries to pay $149M to settle corruption probe in Brazil

South Korean shipbuilder Samsung Heavy Industries (SHI) agreed on Monday to pay $149M in a leniency agreement with Brazilian authorities to resolve investigations into acts of corruption and money laundering. 15 months earlier, the shipbuilder resolved similar allegations with U.S. Authorities. Members-only content. While… Continue Reading “Samsung Heavy Industries to pay $149M to settle corruption probe in Brazil”

Saudi Arabia: Financial Rewards and Confidentiality for Anti-Corruption whistleblowers

Whistleblowers reporting cases of corruption in Saudi Arabia will be able to benefit from financial and in-kind rewards. Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the content. To continue reading, please… Continue Reading “Saudi Arabia: Financial Rewards and Confidentiality for Anti-Corruption whistleblowers”

Deutsche Bank fined over $130M to Resolve Bribery and Fraud Violations

Deutsche Bank has agreed to pay US authorities nearly $130M and entered into a DPA to resolve allegations that it breached bribery and fraud laws. A network of consultants in the UAE and Saudi Arabia were used to funnel bribes to clients. Commodities trading… Continue Reading “Deutsche Bank fined over $130M to Resolve Bribery and Fraud Violations”