China probes France’s Sanofi for bribery

French drugmaker Sanofi has been accused of dishing out almost $280,000 in bribes to Chinese doctors in 2007 in a bid to up its sales. Beijing corruption officials have opened a formal investigation. More on France 24. Sanofi is a Global Compact participant since 2000/07/26, and is considered as one of the organization's Founding Fathers. Sanofi was a USD 15,000 contributor to the Foundation for the Global Compact in 2013, a Gold Contributor (USD 10,000) in 2012 and 2011.

Deutsche Bahn Gave Greece Kickbacks

A judicial inquiry in Frankfurt, Germany, revealed that the German railway company Deutsche Bahn gave 315,000 euros as bribes to Greece and to other countries in Africa and Asia. More on Greek Reporter. Deutsche Bahn AG DBHN:GR (DEUBAHP), DBHN is a Global Compact participant since 2009/04/15.

Halliburton bribe: Paris court sentences Technip executives for bribing Nigerian officials

While no Nigerian official implicated in the $180 million (N27 billion) Halliburton bribery scam has been convicted, a Paris court, Friday, sentenced two former executives of French engineering and construction giant, Technip S.A, for their role in the scam.

More on  The Premium Times.

Technip (TEC:EN Paris),(TEC:FP),(PINX:TKPPY) has been a Global Compact participant since 2002/10/14.

Lilly to Pay $29.4 Million to End SEC Foreign Bribe Case

Eli Lilly & Co. (LLY) agreed to pay $29.4 million to settle U.S. Securities and Exchange Commission allegations that employees of subsidiaries gave cash and gifts to officials in China, Brazil, Russia and Poland to win millions of dollars in business. More on Bloomberg. Eli Lilly & Co. is a Global Compact participant since 2009/12/02. Eli Lilly was a Gold Contributor to the Foundation for the Global Compact in 2012 and 2011.

KPK Examines Alstom Director in Graft Case

JAKARTA (Indonesia Today) – The Corruption Eradication Commission (KPK) has expanded the investigation of Tarahan Steam Power Plan graft allegation. The antigraft commission summons Eko Sulianto, Development Director of PT Alstom Indonesia. More on Indonesia Today. Alstom (ALO:FP) is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle. Alstom was also a Gold contributor to the Foundation for the Global Compact in 2011.

EBRD probes Slovenia plant contract with Alstom

The European Bank for Reconstruction and Development said it was looking into corruption allegations involving a Slovenian power-plant upgrade contract with France's Alstom.

More on Reuters.

Alstom is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle. Alstom was also a Gold contributor to the Foundation for the Global Compact in 2011.

World Bank Debars Alstom Hydro France, Alstom Network Schweiz AG, and their Affiliates

On February 22 2012, the World Bank Group announced the debarment of Alstom Hydro France and Alstom Network Schweiz AG (Switzerland) - in addition to their affiliates - for a period of three years following Alstom’s acknowledgment of misconduct in relation to a Bank-financed hydropower project.

The debarment is part of a Negotiated Resolution Agreement between Alstom and the World Bank which also includes a restitution payment by the two companies totaling approximately $9.5 million.

Read the World Bank press release

Alstom is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle. Alstom was also a Gold contributor to the Foundation for the Global Compact in 2011.

French energy giant Alstom fined for bribery in relation to Zambian hydropower project

The World Bank has slapped a $9.5-million fine on the Alstom corporation, involved in the South African nuclear industry, and blacklisted two of its subsidiaries after it admitted to bribing a senior Zambian government official. The World Bank fine was imposed after Alstom admitted to an "improper payment" of €110 000 to the official for "consultancy services" when the company submitted a bid to perform bank-funded rehabilitation work on hydropower systems at Victoria Falls.

More on Mail and Guardian online

Alstom is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle. Alstom was also a Gold contributor to the Foundation for the Global Compact in 2011.

French firm fined RM133m for bribery in Malaysia

French engineering group Alstom was fined RM133 million by Swiss authorities after its employees were found to have bribed civil servants in at least three cases including the award of contracts in Malaysia.

More on the Malaysian Insider
http://www.themalaysianinsider.com/malaysia/article/french-firm-fined-rm133m-for-bribery-in-malaysia/

Alstom to pay €31m fine after bribery probe

Alstom has been ordered to pay €31m by Switzerland’s attorney-general for negligently failing to stop bribery by some employees...

More on the Financial Times
http://www.ft.com/cms/s/0/1cd17286-1508-11e1-b9b8-00144feabdc0.html#ixzz1eTeD0ITD


Alstom is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle.

Pfizer agrees to pay $60 million to settle probe into bribes

"Pharmaceutical giant Pfizer Inc. has agreed to pay more than $60 million to settle an investigation by U.S. regulators into whether the drug maker paid bribes to win business abroad, the Wall Street Journal reported"

More on the L.A. Times website.

More on Corruption Currents

Thales SA Agree To Pay 630 Million Euros In Frigate Case

In June 2011, the French government and defense electronics company and Global Compact participant Thales SA agreed to pay EUR630 million to Taiwan in compensation, capping a 20-year-old bribery scandal over frigate sales, The Wall Street Journal reported.

More on:
http://blogs.wsj.com/corruption-currents/2011/06/09/france-thales-sa-agree-to-pay-630-euros-in-frigate-case/

$2.6 million-worth of bribes China Mobile Communications Corporation

China on in late August 2011, sentenced to death the former chairman of a branch of state-owned telecom group China Mobile Communications Corporation for accepting $2.6 million-worth of bribes. Li Hua, chairman and general manager of the Sichuan branch of China Mobile Communications Corporation, was convicted of receiving bribes totalling 16.48 million yuan, Xinhua reported. 


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