#supplier screening

[ethixbase-blog]

A Canadian clean-fuel technology company and its former chief executive agreed to pay about $4.1 million to settle charges related to bribes paid to a Chinese government official, the Securities and Exchange Commission said.

Westport Fuel Systems Inc. and the former CEO, Nancy Gougarty, violated provisions of the U.S. Foreign Corrupt Practices Act that require companies to maintain accurate books and records and internal accounting controls, according to an administrative order released Friday.

[ethixbase-blog]

China has expelled one of its most senior ethnic Uighur officials from the Communist Party, the country’s anti-corruption watchdog said Saturday, accusing the former energy chief of abusing his position to live a “lavish life”. Read More:-https://ethixbase.com/eanews/china-chinas-former-energy-chief-accused-corruption/

[ethixbase-blog]

A former UBS Group AG employee, who fled the country rather than face trial, was found guilty of money laundering by a Swiss court over allegations of the theft and sale of client data to German tax authorities. More info:-https://ethixbase.com/eanews/switzerland-ex-ubs-worker-guilty-money-laundering-data-theft-case/

[ethixbase-blog]

United Kingdom: New SFO head wants new law to catch corrupt by ethiXbase

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The ex-FBI lawyer now heading the SFO is seeking a new law to pursue “the corporate big boys” who are escaping prosecution for economic fraud and corruption.

[ethixbase-blog]

A Central Bank of Iran deputy in charge of foreign-currency affairs has been arrested as part of a judicial investigation into financial corruption, the state-run Islamic Republic News Agency reported, citing the judiciary.

[ethixbase-blog]

The CBI on Thursday again questioned Sunil Kapur, Chairman of Travel Foods and Services, in connection with an alleged bribery case for getting FDI rules tweaked by AirAsia to get international flying licenses.