Avon Products, the world’s largest door-to-door cosmetics seller, said it may have to pay as much as US$132 million to resolve criminal and civil probes into whether it paid bribes in China and other countries.Friday, 14 February, 2014, 2:54pm
Penalties in international corruption cases are rarely paid to the country where the crimes took place, the World Bank and United Nations said on Wednesday.29 Nov 2013 - 4:23am
Australian construction giant Leighton Holdings, which operates in more than 20 countries, was at the centre of a corruption scandal Thursday, with allegations of bribery among senior executives.3 Oct 2013 - 4:33pm
A veteran fire-safety engineer with more than two decades' experience in Wuhan, Hubei, estimates that up to half of the fire-prevention budget for a typical business goes to bribing fire officials at various levels, whose fire safety approval is needed before their doors can be opened to customers.9 Jun 2013 - 6:34am
Formula One mogul Bernie Ecclestone faces charges in Germany relating to a bribery case, the daily Sueddeutsche Zeitung reported yesterday.
According to the newspaper, the charge sheet is still to be translated into English before being transmitted to Ecclestone and his lawyers.16 May 2013 - 3:53am
A plan to send Macau doctors to Hong Kong to check on the health of billionaire tycoon Joseph Lau Luen-hung in the wake of his bribery trial no-show has been scuppered. Officials in Macau have ruled that the move is outside their jurisdiction.12 May 2013 - 11:07am
Tycoon Steven Lo Kit-sing and Lau are charged with offering a HK$20 million bribe to Macau's former public works chief, Ao Man-long, in 2005. Ao was jailed for 29 years in May last year.29 Aug 2013 - 4:13am
The son of a Chinese government official who tried to bribe a British university professor with £5000 (HK$59,240) to pass his degree dissertation has been jailed for a year. Bristol Crown Court heard Li Yang also took a loaded replica pistol to the meeting in an effort to bribe the University of Bath professor.25 Apr 2013 - 4:02am 1 comment
The efforts of some Western countries to enforce their own anti-bribery laws in China are more likely to produce false accusations and hinder democratic reform than reduce corruption.4 Apr 2013 - 3:17am 2 comments
Detectives raided the home of India’s former air force chief on Wednesday as part of an investigation into alleged bribes paid to secure a US$748 million contract for 12 Italian helicopters.
Central Bureau of Investigation (CBI) spokeswoman Dharini Mishra said former air chief marshal SP Tyagi’s home was among more than a dozen addresses targeted in the raids.13 Mar 2013 - 4:38pm