Financial Transparency Coalition

ZURICH (Reuters) - Swiss prosecutors are investigating allegations that an unamed Swiss official took a bribe from a U.S. client of UBS, they said on Wednesday.

WASHINGTON - The niece of a U.S. Army major pleaded guilty today for her role in a conspiracy to cover up her uncle’s role in accepting more than $9 million in bribes as a contracting officer in Kuwait, Assistant Attorney General Lanny A. Breuer of the Criminal Division and Assistant Attorney General Christine A. Varney of the Antitrust Division announced.

Bloomberg - U.K. lawmakers urged the government to tighten proposed corruption laws, saying companies should shoulder the blame when their employees use bribes at home or abroad.

ALEXANDRIA, VA. - Federal Judge T.S. Ellis III summoned prosecution and defense lawyers for a hearing late this afternoon that likely will include discussion, and possibly rulings, on defense motions to drop 15 of the 16 corruption charges against former Rep. William Jefferson and the question on how he should instruct the jury that will decide his fate.