In September 2011, Accenture settled a lawsuit with the US Department of Justice, which accused the vendor of having received kickbacks for recommending certain vendors' hardware and software to government agencies, inflating prices and rigging contract bids. Accenture agreed to pay about USD 63.7m. Accenture is a member of the UNGC Anti-Corruption Working Group.
Read more at: DatacenterDynamics | Accenture settles US federal-contracting kickback lawsuit
Tuesday, September 20, 2011
Top Ten List of Corporate defendants in the FCPA
On April 8, 2011, the FCPA blog listed the current top ten list of corporate defendants in an FCPA-related forfeiture. Among them, 5 were U.N Global Compact participants Siemens (a long story...), ENI S.p.A ,Technip S.A., Daimler AG, and Alcatel-Lucent. ABB Ltd., one of the Global Compact founding fathers was listed in the 11th position, thus not on the list.
Read the FCPA Blog Entry here.
Official Press release from the S.E.C.:
http://www.sec.gov/litigation/litreleases/2010/lr21588.htm
Official Press release from the S.E.C.:
http://www.sec.gov/litigation/litreleases/2010/lr21588.htm
Wednesday, September 7, 2011
French giant Veolia cut down to size for abusing Palestinian rights
Private companies have long been heavily involved in Israeli violations of Palestinian human rights, such as building and maintaining the illegal settlement infrastructure, and the wall built on Israeli-occupied Palestinian land in the West Bank. The campaign against UN Global Compact participant Veolia was initiated in response to the company’s five percent stake in the consortium that is constructing the light rail project that links West Jerusalem with illegal Israeli settlements in occupied East Jerusalem and the surrounding West Bank. Veolia holds a thirty-year contract for the operation of its first line, due to open later this month. Veolia and its subsidiaries also operate bus services, waste management and a landfill all deep within the occupied West Bank, and all for the use of Israeli settlers. More.
Carrefour fined over minimum wage
On June 2011, UN Global Compact participant CARREFOUR was fined EUR3.66m by a court in Evry, south-east of Paris for failing to pay some of its staff the legal minimum wage. Source
China Fines Wal-Mart, Carrefour for Misleading Prices
On January 2011 China’s top economic planner ordered Wal-Mart Stores Inc. and Carrefour SA to be fined for misleading pricing at some of their stores in the nation, as the government works to rein in rising prices for consumer goods. Source. Bloomberg.
Security firm G4S confirms involvement in Israel's occupation
Danish-British security firm and Global Compact participant G4S recently confirmed in a letter its involvement in the Israeli occupation and violations of international law --reported on last month by The Electronic Intifada.
Source
Source
Subscribe to:
Posts (Atom)