Thursday, 21 October 2021

Tag Archives: bribery

Sri Lankan President orders suspension of officials arrested for bribery

COLOMBO: Sri Lankan President Maithripala Sirisena has ordered suspension of a senior official of the Presidential Secretariat and a Chairman of a State corporation on the charges of alleged bribery. The Bribery Commission arrested the President’s Chief of Staff Dr I.H.K. Mahanama and the Chairman of the Timber Corporation P. ...

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Rolls-Royce to pay £671m to settle bribery probes

LONDON: Rolls-Royce has reached a deal to pay £671m to regulators around the world to settle allegations of bribery and corruption, including the largest UK fine ever imposed on a company for criminal conduct. The UK’s flagship engineering company has been under investigation in the US and UK for alleged ...

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