je.st
news
Tag: corruption
US sanctions Guptas for South African 'corruption'
2019-10-10 19:42:22| BBC News | Business | UK Edition
The US Treasury Department said the Gupta family participated in a "significant corruption network" in South Africa.
Tags: south
african
corruption
sanctions
Ericsson takes provision of SEK 12 bln for fallout from US corruption probes
2019-09-26 09:29:00| Telecompaper Headlines
(Telecompaper) Ericsson said corruption investigations into the company by the US Securities and Exchange Commission (SEC) and Department of Justice (DoJ) are ongoing and that the company will be taking a provision of SEK 12 billion (over USD 1.2 billion) in the third quarter to cover potential fines and costs. The company estimates potential monetary sanctions at USD 1 billion, with other related costs coming on board. There is also the question of reputational harm, which could have a "material" adverse impact on the business, the company said.
Tags: us
takes
provision
ericsson
Ericsson sets aside over 1bn for US corruption probe
2019-09-26 02:00:00| Total Telecom industry news
Ericsson estimates the cost of resolving an ongoing US corruption investigation to come in at around 12 billion kronor (€1.1 billion/US$1.2 billion) and has made a provision in that amount that will hit its third quarter results. The Swedish vendor has been under investigation in the US since 2013…read more on TotalTele.com »
First Job In Sight For SBM In Brazil After Corruption Scandal
2019-06-11 15:22:25| OGI
SBM did not disclose terms. The structure is designed to produce 180,000 barrels of oil per day, and have a minimum storage capacity of 1.4 million barrels of crude oil, SBM said.
Tags: job
brazil
sight
corruption
Kenya's new banknotes and the battle against corruption
2019-06-03 17:20:25| BBC News | Business | UK Edition
A shake-up of the Kenyan currency has provoked controversy, including several court challenges.
Tags: battle
corruption
kenyas
Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] next »