corruption

Ex-Dayton Politician Cops To Taking Bribes From Contractor

A former city commissioner in Dayton, Ohio, pled guilty on Friday to a federal corruption charge for allegedly accepting tens of thousands of dollars’ worth of free construction on his home in exchange for steering public works contracts toward the contractor who worked on his house…

Read this piece in its entirety at Law360.

AG Barr Can Work On 1MDB Probe Despite Kirkland Ties

Attorney General Bill Barr can work on a Justice Department probe of an alleged multibillion-dollar fraud scheme involving the 1Malaysia Development Berhad sovereign wealth fund, despite his former employer Kirkland & Ellis LLP’s involvement in the case, according to an Office of Government Ethics waiver…

Read this piece in its entirety at Law360.

Russian Telecom Settles FCPA Claims For $850M

ussian telecommunications group Mobile TeleSystems PJSC and a subsidiary agreed to pay $850 million related to U.S. authorities’ allegations that the company bribed an Uzbek official to win $2.4 billion worth of business, the U.S. Securities and Exchange Commission announced Wednesday…

This piece was co-authored with Rachel Graf. Read it in its entirety at Law360.

Ex-Credit Suisse Bankers Aided $2B Fraud In Africa: Feds

Former Credit Suisse bankers, a Lebanese businessman and top officials in Mozambique participated in a scheme to siphon funds from more than $2 billion in government-backed loans for fraudulent projects in the African nation, according to an indictment unsealed Thursday in New York federal court…

Read this piece in its entirety at Law360.