How will an appellate ruling in the FIFA case impact foreign bribery ... Section has frequently found relevant in evaluating a corporate compliance program. ... exceeded only by Siemens's $350 million disgorgement in 2008.
Ten years ago a colossal corruption scandal involving Siemens, one of the world's largest electrical ... This made it illegal to bribe foreign officials for a German company. On the day ... But, as American prosecutors discovered:.
The bribes lined the pockets of health care officials across China. ... Foreign companies like G.E. and Siemens dominate the market for CT scanners, ... cases involving Siemens, Philips, G.E. and Toshiba, The Times found that ...
Did you know that certain bribes paid abroad were technically tax ... In 2006, however, it became clear that Siemens, one of Germany's biggest ... The scheme was discovered thanks to the help of Ana Garrido Ramos, ...
... and former Siemens executive, was sentenced to time served for bribing officials in Argentina. ... He was charged in 2011 with FCPA offenses for bribing Argentine ... and aiding and abetting violations of the FCPA anti-bribery provisions. ... The bank discovered the alleged bribery and wasn't charged.
Exclusive: FBI targets Johnson &. Johnson, Siemens, GE, Philips in Brazil graft ... may have been part of a cartel that paid bribes and charged the government ... Big U.S. and European companies found to have engaged in wrongdoing in ... Foreign companies are the latest targets of government corruption probes in Brazil.
Under a U.S. federal law called the Foreign Corrupt Practices Act of 1977 (FCPA), it is ... If found guilty of violating the act, firms could face fines from the SEC. ... with local and international anti-bribery and anti-corruption laws.
In 1977, the Foreign Corrupt Practices Act (FCPA) was enacted to bar U.S. ... According to reports from the New York Times and the SEC, Siemens AG, ... it is likely that more evidence of bribery and corruption will be found.