SFO drops Unaoil probe into ABB
The UK’s Serious Fraud Office (SFO) has dropped its investigation into ABB linked to the Unaoil case.
FCPA
“Holy rain” bribes secured Ghana work, SEC alleges
The US Securities and Exchange Commission (SEC) has charged a former Goldman Sachs official with paying bribes in Ghana in order to win work on the construction of a power plant, for a Turkish company.
Boustani beats Mozambique charges in US court
Privinvest’s Jean Boustani has been cleared of three charges, centred on alleged Mozambique corruption, by a New York court.
The FCPA on the rise: bribes, booms and bonuses
The US’ Foreign Corrupt Practices Act (FCPA) is the benchmark for anti-corruption efforts around the world but the ways in which it is being used are changing, as various countries work on their own efforts.
Updated: DoJ ends Eni scrutiny over OPL 245, Algeria
The US Department of Justice (DoJ) has ended its investigation of Eni over the OPL 245 affair and Algeria, the Italian company has said, without taking any further action.