Blog posts with "bribe"

In an interesting use of the Foreign Corrupt Practices Act (FCPA), China Petroleum & Chemical Corporation (Sinopec), a state run refinery group, claims that Daimler AG paid bribes to one of its staff. An interesting move for a company that could be potentially liable for soliciting bribes if charges were filed in the US.   As the article below notes, this was part of a wider investigation of bribery charges against Daimler by the United States Department of Justice. Potentially, US prose...

  In a story that broke a few days ago, Bernard Kerik, the former police commissioner of New York City, was sentenced to four years in prison for tax evasion and lying to federal officials. Kerik was a close associate of former Mayor Rudolph Giuliani, and was even nominated in 2004 by George W. Bush for the position of Secretary of Homeland Security. The background checks for the position were the start of Kerik's troubles. Kerik eventually admitted to tax evasion and receiving renovations f...

It is now final, Rep. William Jefferson (D), of Louisiana, the notorious Congressman who froze a $90,000 bribe, was sentenced last Friday to 13 years in Federal prison. The prosecutors on the case had asked for 27-33 years, but still managed to get a sentence longer than any other Congressman has ever received.   When imposing the sentence, Judge T.S. Ellis III characterized Jefferson's acts as “a cancer on the body politic.” Jefferson's attorneys have ten days to appeal the sentence.  

  Michael Palermo, 50, a 16 year veteran of the New York and New Jersey Port Authority Police Department (PAPD) and an 11 year FBI task force officer investigating violent crimes was arrested on charges of mail fraud. According to the FBI, Palermo had received a number of personal services from a cooperating witness that he worked with as part of his task force career. Allegedly, Palermo received from the cooperating witness favorable prices on high end automobiles, free automobile work, and...