bribery News

Iowa Company to Pay $6.8M Fine for Selling Tainted Eggs

An Iowa company has agreed to pay $6.8 million in fines for crimes that include selling the tainted eggs that caused a nationwide salmonella outbreak in 2010. A plea agreement filed on June 2 by federal prosecutors calls for Quality …

Former Insurance Company CEO Wants to Withdraw Guilty Plea

A former insurance company chief executive wants to withdraw his guilty plea to bribing El Paso, Texas-area public officials, a plea that brought him an eight-year prison sentence. Prosecutors say Francisco Apodaca made the payments in return for contracts with …

Ex-New Orleans Mayor Nagin Charged With Bribery

More than a decade ago, Ray Nagin was elected mayor of New Orleans on a vow to root out corruption in a city plagued by decades of it. On Jan. 18, the former mayor was indicted on charges he lined …

Defendant in Louisiana Bribery Case Enters not Guilty Plea

The Kenner, La., businessman accused of bribing former Jefferson Parish President Aaron Broussard has pleaded not guilty in federal court in New Orleans. Bill Mack entered the plea to conspiring to bribe Broussard during his initial appearance before U.S. Magistrate …

More Top Executives Say Bribes for Business Acceptable

A growing number of senior executives around the world are willing to pay bribes to win or keep business, as the hunt for growth supersedes concerns over ethics and regulatory fines, according to a survey published on Wednesday. Ernst & …

Courts Push Back on Foreign Bribery Prosecutions

As the U.S. Justice Department has stepped up its enforcement of an anti-foreign bribery law, it has faced the expected stiff resistance from the business community. Now it faces the unexpected as courts are pushing back, too. In an unusual …

Survey of Global Bribery Ranks Countries

Louisiana’s Suit Against Katrina Whistleblowers Dismissed

A federal judge on Aug. 24 dismissed a lawsuit by the state of Louisiana accusing two self-described whistleblowers of illegally copying and circulating documents containing confidential information about homeowners applying to a Hurricane Katrina grant program. U.S. District Judge James …

Who Is Paying News Corp. Legal Bills? – D&O Coverage Heavily Involved

With executives from News Corp. and some of its subsidiaries heading for the exits, legal bills from the phone-hacking scandal rocking the company are no doubt stacking up. But depending on the companies’ directors and officers insurance coverage, News Corp. …

Bribery Widespread Across Europe’s Top Companies: Survey

More than one third of employees at large European companies are prepared to offer cash or lavish gifts and entertainment to win business as the economic downturn prompts firms to cut corners to stay ahead. In its 2011 European fraud …