Bribery, Fraud & Tax Evasion

The UK Serious Fraud Office has notched up another win in the global interest rate setting scandal by sending three Barclays traders to jail. Of the 20 bankers that have been charged to date, five have been found guilty, six have been let go while nine are to face trial.
In a settlement for bribery allegations related to the construction and expansion of its Bonny Island natural-gas liquefaction facility, Halliburton Co. agreed to pay $35 million to the Nigerian government.
The turbulence surrounding British Airways, and allegations of its involvement in an alleged price-fixing cartel, strengthened over the weekend with news that a potentially expensive class action law suit has been filed in the US.
Engineering company NPO Energomash reports that it was approached for a large bribe to reinstate its export license.
The betting in energy circles is that Enron's erstwhile big cheeses are in deep trouble now that the company's former top trader has pleaded guilty to manipulating the California power market.
U.S. taxpayers' money, $7 billion worth, laid the foundation for Enron's global operations. Wysham and Vallette expose the company's dirty deals that brought turmoil to communities the world over.
DaVita, a company that provides health care to patients with kidney problems, has agreed to pay $495 million to settle whistleblower complaints that the company conspired to overcharge the U.S. government. This is in addition to the $400 million that the company had to pay out last year.
Sony BMG Music Entertainment, one of the world's largest record companies, agreed today to stop providing lavish gifts, free trips and other giveaways in exchange for airtime for its artists on radio stations, under the terms of a settlement with the New York attorney general's office.
A $3.7 billion contract to build a high-speed rail link between Mexico city and the city of Queretaro has been canceled after Enrique Peña Nieto, the Mexican president, was alleged to have accepted favors from Grupo Higa, a Mexican construction company that was a member of the winning consortium.