Arab Today, arab today fourth exec charged in indonesia alstom bribery case
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

Fourth exec charged in Indonesia Alstom bribery case

Arab Today, arab today

Arab Today, arab today Fourth exec charged in Indonesia Alstom bribery case

New York - AFP

The US Department of Justice Wednesday charged a fourth person in an Indonesia bribery scandal involving officials from French power company Alstom. Lawrence Hoskins, 62, was charged with conspiring to violate America\'s Foreign Corrupt Practices Act (FCPA). Under the law, the United States has the right to investigate companies listed on the American Stock Exchange as well as citizens or residents of the US believed to be engaging in foreign corrupt practices. Alstom was listed on the New York Stock Exchange until 2004. The justice department did not name Hoskins\' former employer as Alstom in its statement, referring only to a \"a French power and transportation company.\" However, it linked him to the three other current and former Alstom executives already charged in the case. One of them, French citizen Frederic Pierucci, who was arrested in April at a New York airport while still working as a company executive, pleaded guilty Monday, the justice department said in a statement. The four men are accused of paying bribes to officials in Indonesia, including a member of Parliament, in an attempt to secure a $118 million contract, in what became known as the Tarahan project. Alstom\'s Indonesia offices were searched in July 2012 as part of an investigation into alleged corruption.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fourth exec charged in indonesia alstom bribery case Arab Today, arab today fourth exec charged in indonesia alstom bribery case

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fourth exec charged in indonesia alstom bribery case Arab Today, arab today fourth exec charged in indonesia alstom bribery case

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday