All posts tagged "Bribery"
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792EnforcementEx-JP Morgan Managing Director Charged with Bribery
A former JP Morgan Securities managing director offered to employ the son of a potential client as a reward for "showing favour" in hiring the bank for IPO sponsor work.
May 20, 2019 -
353AML / KYCMalaysia Extradites Former Goldman Banker to US
Extradited from Malaysia, the former Goldman Sachs banker Roger Ng has pleaded not guilty to 1MDB-related charges in the US, and has been released under house arrest.
May 7, 2019 -
415EnforcementNSE Chairman Resigns Amid Bribery Probe
NSE chairman Ashok Chawla was named in a charge sheet related to a bribery case involving telecom operator Aircel and its Malaysian investor Maxis.
January 14, 2019 -
391AML / KYC
MAS Extends Prohibition Against Goldman’s Leissner to Lifetime Ban
The March 2017 prohibition order barring former banker Tim Leissner for 10 years was based on limited information; US DOJ charges provided evidence of his involvement in 1MDB fund flows.
December 20, 2018 -
727AML / KYC
Malaysia Files Criminal Charges Against Goldman Sachs over 1MDB
Malaysian prosecutors have filed criminal charges against three Goldman subsidiaries and two former employees, seeking fines in the billions of dollars and jail terms of up to 10 years.
December 17, 2018 -
351Australia & NZRBA Discloses A$22.6m in Penalties Paid by its Subsidiaries in 2012
The court-suppressed penalties were paid by the RBA subsidiaries to settle charges of conspiracy to bribe foreign officials for the purpose of obtaining or retaining business.
November 29, 2018 -
456AML / KYC
US Prosecutors Charge Goldman Bankers Over 1MDB Scandal
Malaysian politician Anwar Ibrahim told Bloomberg it would be “inexecusable” if the bank was itself found complicit in money laundering and bribery related to the state development fund.
November 7, 2018 -
328ChinaFormer CSRC Vice Chairman Jailed for 18 Years
Yao Gang was sentenced for taking 70 million yuan in bribes from 2006 to 2015 and for pocketing 2.1 million yuan in insider trading gains.
October 1, 2018 -
363ChinaChina Jails Former CBRC Assistant Chairman on Bribery Charges
Yang Jiacai, found guilty of accepting bribes worth ¥23mn and withholding information about ¥31.16bn in income and property, was sentenced to 16 years in prison and fined ¥2mn.
July 30, 2018 -
394ChinaThe Risky Business of Hiring Chinese Investment Bankers
The real cost of doing business in China was suddenly revealed with Credit Suisse’s settlements totalling $77 million with the SEC and DOJ over its alleged violations of the Foreign Corrupt Practices Act by employing Chinese princelings and princesses.
July 9, 2018
