Corporate crime

Corporate crime

• Swiss to crack down on business, sports bribery

  The Swiss government wants to broaden its anti-corruption laws to make bribery a criminal offense in almost all cases. The move follows criticism from ... 

• Drug manufacturer agrees to $500 million penalty

  A subsidiary of India's largest pharmaceutical company has agreed to pay a record $500 million in fines and penalties for selling adulterated drugs ... 

• Prosecutors seek speedy Finmeccanica bribe trial

  Prosecutors are pushing for a speedy trial for alleged corruption by top executives at Italian defense giant Finmeccanica and its Agusta helicopter ... 

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  French execs accused of breast implant swindle

  The computer records were scrubbed, inspectors said there was no mention of industrial silicone in quality-control documents, and an employee at the ... 

• Dutch company linked to horse meat fraud bankrupt

  A meat processing plant and wholesaler suspected of mixing undeclared horse meat with beef was declared bankrupt Tuesday by one judge and the owner ... 

• Poker company founder pleads guilty in NY

  An Internet poker company founder accused of operating his business like a Ponzi scheme pleaded guilty to conspiracy Monday, but was spared from ... 

• 4 former BizJet execs charged with foreign bribery

  Newly unsealed federal charges accuse four former executives of a U.S. subsidiary of German-based Lufthansa Technik AG of engaging in a bribery scheme ... 

• UK energy firm SSE fined for misleading customers

  Britain's energy regulator has fined electricity supplier SSE PLC 10.5 million pounds ($15.9 million) for consistently misleading customers about its ... 

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  India agency files case against air force ex-chief

  India's top investigative agency filed a criminal case on Wednesday against a former air force chief and 11 other people on charges of cheating and ... 

• Russia to charge Magnitsky's ex-employer

  Russia's Interior Ministry is preparing to bring criminal charges against U.S.-born investor Bill Browder, the latest turn in a feud which has led to ... 

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  India orders probe into Finmeccanica copter deal

  India's top investigative agency is looking into the role a former air force chief played in a $750 million helicopter contract marred by reports of ... 

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  India, UK to cooperate in probing helicopter deal

  India and Britain agreed Tuesday to work together to investigate any possible wrongdoing by a British company involved in a $750 million deal to sell ... 

• Indian officials to probe Italian helicopter deal

  Two Indian federal investigators will travel to Italy this week to meet with prosecutors probing allegations that the Italian company Finmeccanica ... 

• Finmeccanica's helicopter division defends deal

  The helicopter division of the Italian company Finmeccanica said Saturday that it would demonstrate it complied with the law in its $750 million deal ... 

• India puts $750M Italian helicopter deal on hold

  India's Defense Ministry said Friday that it has put a $750 million contract to purchase helicopters from Italian company Finmeccanica on hold amid ... 

• Finmeccanica names interim CEO

  The board of Italian defense and aerospace company Finmeccanica on Wednesday named Chief Operating Officer Alessandro Pansa as interim chief executive ... 

• India will punish guilty in Italian copter deal

  India will consider canceling a multimillion-dollar defense contract and taking criminal action if an investigation finds bribes were paid by ... 

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  Finmeccanica CEO arrested in corruption probe

  The chief executive of Italian defense and aerospace giant Finmeccanica was arrested in a corruption probe Tuesday, the third corporate scandal to ... 

• Italy gas giant Eni investigated for Algeria deal

  Milan prosecutors have placed Italian oil and gas company Eni and its CEO under investigation in a probe over alleged bribes paid to Algerian ... 

• TeliaSonera boss quits over Uzbekistan allegations

  The chief executive of TeliaSonera resigned Friday after an independent review on alleged bribery by the telecoms company found it had failed to ... 

• Poland probes corruption allegations by US firm

  Prosecutors are investigating allegations that a U.S. medical equipment company offered bribes to hospital officials across the country in order to ... 

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  Ex-Anglo Irish Bank chief faces new fraud charges

  The former chief executive of Ireland's collapsed Anglo Irish Bank, Sean FitzPatrick, was arraigned Friday on new fraud charges that he misled ...