Riadh Ben Aissa, the former SNC- Lavalin Group Inc. executive in charge of global construction was arrested several days ago in Switzerland. Ben Aissa was under investigation by the RCMP in Canada for alleged money laundering and foreign corruption. In February 2012, he was terminated from his position with SNC-Lavalin in Montréal. Swiss authorities have … Continue reading
Jeffrey Tesler, a lawyer based in London, was sentenced today in Houston to almost two years in U.S. federal prison for delivering bribes to Nigerian officials on behalf of an international joint venture known as TSKJ. Mr. Tesler controlled a Gibraltar-based consulting firm named Tri-Star Investments Ltd. that received about US$132 million in wire transfers from … Continue reading
The news earlier this month that the RCMP raided several offices of SNC-Lavalin Group Inc. in the Toronto area and were investigating the corporation in connection with a corruption probe in the bidding process for the building of the $1.2 billion Padma Bridge in Bangladesh has forced lawyers representing clients who do business internationally to … Continue reading
The UK Ministry of Justice published its guidance document for corporations today in anticipation of the Bribery Act which comes into force in the UK on July 1, 2011. The Bribery Act will: Introduce a corporate offence of failure to prevent bribery by persons working on behalf of a business. A business can avoid conviction … Continue reading
The OECD has issued a critical report on Canada’s enforcement of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions that identifies significant issues with the failure of Canada to investigate and prosecute bribery offences. According to the report, Canada has only prosecuted one case under the Corruption of Foreign Public … Continue reading