Bribery

Fertilizer CEO Acknowledges $15M Bribery Scandal

July 24, 2012
Fertilizer CEO Acknowledges $15M Bribery Scandal

Norwegian-based, international fertilizer giant Yara International has finished an internal investigation confirming they paid millions of U.S. dollars’ worth of bribes to win contracts around the world. CEO Joergen Ole Haslestad acknowledged the problems by saying, “I apologize that the company seems to have done things it shouldn’t have done.” The probe found evidence...

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Oil Rig CEO Charged with Bribery

April 16, 2012
Oil Rig CEO Charged with Bribery

Swiss oil services company Noble, with offices in Sugar Land, Texas, paid $8.1 million in 2010 to settle U.S. charges of corruption. Noble cooperated with the government to uncover the bribery of Nigerian officials. The SEC filed charges against the company’s former CEO Mark Jackson last month, along with Nigerian division manager James Ruehlen....

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