Financial Transparency Coalition

July 22 (Bloomberg) -- China’s detention of Rio Tinto Group executives amid allegations of espionage and bribery should serve as a reminder to foreign companies that they may also risk prosecution by U.S. enforcement agencies, lawyers said.

MANILA, Philippines—Sen. Manuel Roxas II Monday brought to the attention of the US Department of Justice and Department of Commerce the alleged attempt by Pfizer Philippines to bribe President Gloria Macapagal-Arroyo.

In the last year, industries across the board have experienced one of the most tumultuous markets in history. No industry, including oil and gas, has been immune from the economic downturn and potential pitfalls of fraud-related incidents. Today’s turbulent market has created the perfect storm for corporate fraud in the world of energy and other business sectors.

Wall Street Journal - A federal jury convicted Connecticut investor Frederic Bourke Jr. on Friday of engaging in a scheme to bribe Azerbaijan government officials, marking a big victory for the Justice Department as it ratchets up its pursuit of overseas corruption.