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Wednesday, February 26, 2014

Authorities raid Kongsberg Gruppen

Norway’s economic crimes unit Økokrim raided the defense communications arm of defense contractor and technology firm Kongsberg Gruppen on Tuesday, and charged the company with corruption. Authorities were tight-lipped, and wouldn’t immediately say whether any company executives or other individuals have been charged as well. More on Kongsberg Gruppen (KOG:Oslo) is a Global Compact participant since 2006/07/31. The alleged corruption facts range from 1999 to 2008. Kongsberg Gruppen was also a Silver Contributor (USD 5,000 < USD 10,000) to the Foundation for the Global Compact in 2012 and a USD 10,000 - USD 14,999 contributor in 2013.