Wednesday 3 September 2014
 
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Bribery

Bahrain 'will benefit from World Cup in Qatar'

Several people in Bahrain have rallied behind the 2022 World Cup being held in Qatar following an investigation into bribery allegations.   They believe Bahrain's economy will grow during the month-long footb

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Ex-Qatar official 'paid $5m to back World Cup bid'

A new report has alleged that the disgraced Qatari football official Mohamed Bin Hammam made payments totalling $5 million to football officials in return for their support for the Qatar's 2022 World Cup bid. The Sunday Times

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Ex-minister jailed for corruption in Oman

A former Omani commerce minister was jailed for three years for corruption on Sunday, the most senior government figure to be convicted in a campaign against graft in the sultanate. Mohammed bin Nasir Al-Khusaibi was found guilty

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Omani firm confirms CEO held for bribery

Oman's National Gas confirmed on Wednesday that its chief executive had been detained by the public prosecutor over suspected bribery, and said the firm's financial controller would take over as acting CEO. A source in the

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Alcoa to pay $384m to settle bribery charges

Alcoa has agreed to pay $384 million to settle charges by the US Securities and Exchange Commission and the US Department of Justice that its subsidiaries bribed foreign government officials, the agencies said on Thursday. The SEC

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China's Bo Xilai goes on trial

Fallen Chinese politician Bo Xilai appeared in public for the first time in more than a year on Thursday to face trial in eastern China, the final chapter of the country's most politically charged case in more than three decades.

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German bribe case threatens Ecclestone's F1 reign

Bernie Ecclestone's eye for a deal has made him a fortune and turned Formula One motor racing into a global money-spinner, but bribery allegations threaten to end his long reign as the head of the business. Ecclestone, who is

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Bahrain Shura clears new private sector bribery law

Bahrain’s Shura Council has given the green light to a new law that criminalises bribery and embezzlement in the private sector and imposes tough new punishments. It states those found guilty, whether the briber or the perso

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Alba , Alcoa agree to settle bribery suit

Alba last night announced it had agreed an out-of-court settlement worth $447 million in a racketeering and fraud lawsuit against US-based Alcoa, a major aluminium producer. The settlement value will be realised in a combination of cash

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Court rejects Alcoa bid to dismiss Alba case

A US federal court on Monday rejected aluminum maker Alcoa's bid to dismiss a racketeering lawsuit related to its shipments to Aluminium Bahrain (Alba), according to a written ruling in the case. In the lawsuit, filed in Pittsburgh fed

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