Alcoa has found no merit to a recent lawsuit filed by Aluminum Bahrain, alleging "a conspiracy of illegal bribery and other criminal acts," including overcharging for alumina, by the US aluminum major in Bahrain, according to an Alcoa spokesman responding to the Alba lawsuit. Alcoa has been a...
Although the extent of this is not clear, UK taxpayers should be wary that there are permitted information gateways between HMRC (and other regulators) and the SFO in relation to the sharing of information regarding illegal activities. Co-operation with other global enforcement agencies In th...
In bribery cases, investigation authorities regularly investigate not only the individuals who potentially paid bribes, but also the corporate involved in the illegal conduct. In recent years, their focus on corporations has increased, and high fines (including confiscation of profits) have been levied...
Li accepted money and property worth more than 66.45 million yuan, and his illegal acts led to the loss of 49.96 million yuan worth of state-owned assets, the verdict read. Li was given a lenient sentence given that he confessed his crimes, reported some of his crimes that supervisory organ...
In order to amount to a bribe there must be an INTENTION to give, offer or promise a financial, or other advantage, in order to influence someone to do something that is illegal, dishonest or in breach of trust so as to secure business or a business advantage. The basic tests which ...
conflicts of interest, abuse of power, corruption, influence trading, money laundering and other similar activities. We will not offer, compromise, discount, promise, give, demand or accept anything (whether valuable or cash) to induce someone to commit inappropriate, illegal, immoral or illegal ...
policies, and other documents, to identify and report when this policy is breached and aims to ensure that everyone: always acts with integrity and protects the WeKnow Media’s resources which they are responsible for; and keeps to the spirit, and letter, of the laws and regulations that cov...
An important measure aimed at preventing corruption and bribery in international commercial transactions and the illegal transfer of funds was the signing in Moscow on 12 February 1999 of the Agreement between the Governments of Belarus and the Russian Federation on Cooperation and Mutual Assistance in...
companies in China understand the types of behavior that are illegal under China’s criminal and anti unfair competition laws. In this article, we discuss China’s legislation on commercial corruption and offer advice on preventing acts of fraud, embezzlement, and bribery in China-based businesses....
The ISO 37001 standard has been globally recognized as a way to prevent and address one of the most challenging issues in the world regarding all illegal activity involving dirty money every year. By all means, the ISO 37001 standard is a way to build a global business that is based on fu...