Category Archives: bribery

Daimler Did Not Pay Bribes in Russia – MVD Source

So MVD finished its thorough investigation of the corruption allegations against Daimler.  Recall, this April Daimler settled violations of the U.S. Foreign Corrupt Practices Act (FCPA) with the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC).  The … Continue reading

Posted in bribery, bribes, bureaucracy, corruption, daimler, daimler ag, daimlerchrysler, Dmitry Medvedev, fcpa, interior ministry, mvd, prosecutor general, war on corruption | Comments Off on Daimler Did Not Pay Bribes in Russia – MVD Source

Legal Update – Russia’s War on Corruption Gets a European Makeover

The Ministry of Justice is drafting amendments to several Russian laws, as part of the country’s effort to join the Group of States against Corruption (GRECO).  According to press reports, the amendments will include at least three significant changes: (i) … Continue reading

Posted in anti-corruption legislation, bribery, corruption, Law, OECD Anti-Bribery Convention, reform, russia, Vedomosti, war on corruption | Comments Off on Legal Update – Russia’s War on Corruption Gets a European Makeover

IKEA Scandal – Furniture Giant’s Corruption Troubles Far from Over [Updated]

Image via Wikipedia I couldn’t help but notice the high level of traffic – 10 percent of which came from IKEA servers – my humble blog received for my post on the firing of two top expat executives from IKEA Russia … Continue reading

Posted in anti-corruption legislation, bribery, Business, Business and Economy, Government, IKEA, Ingvar Kamprad, russia | 3 Comments

Growing IKEA Russia Corruption Scandal – Two Execs Fired

Update: Check out the Russian-language coverage here: Kommersant; Свободная Пресса; Независимая Газета; Право.ру; Слон.ру; and a lively discussion over at Ведомости.  Last Friday, Swedish furniture-giant IKEA announced that it fired two top managers at its Russia subsidiary ZAO “IKEA MOS” … Continue reading

Posted in bribery, bribes, corruption, IKEA, utilities companies | 3 Comments