Morocco Transfer Pricing: In an unprecedented move, the Directorate General of Taxes (DGI) sent a “historic” tax reminder to the Swiss agri-food group, Nestlé Maroc, for the handsome sum of one billion dirhams (USD 110 million)
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Fraud: Former Nike Marketing Manager Sentenced in Scheme Against Company
A former marketing manager at Nike, Inc. has been sentenced to more than two-and-a-half years in federal prison this week for a scheme to commit fraud against the company and his childhood friend.
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France: SYSTRA to pay $8.9M fine for corruption of public officials in Uzbekistan and Azerbaijan
The Compliance Lady Agents, CORPORATE CORRUPTION, Corruption, France, ISO 37001, PNF, Railways, SAPIN II, Transport & Logistics
July 12, 2021 – SYSTRA SA, a France headquartered engineering group specialized in the mobility sector, agreed to pay a €7,496,000 fine (approx. $8.9M) for corruption of foreign public officials. The company, a subsidiary of state-owned French public transport operator RATP and railway company SNCF, entered into a Convention judiciaire d’intérêt public (CJIP) with the…
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Morocco: creation of a national integrity portal
The Compliance Lady ABUSE OF POWER, CORPORATE CORRUPTION, Corruption, Investigations, Morocco, Public Funds
In a continued effort to improve the business climate in Morocco and strengthen the fight against corruption, a national integrity portal will soon be a reality.
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