Tuesday, November 12, 2019

Business / DT 16 / 2010

Swedish prosecutor calls for US legal scrutiny of Volvo and Scania

Swedish police say Scania paid USD 5 million in kickbacks to the Saddam Hussein regime. The Swedish prosecutor wants to knwo if US authorities will launch an investigation. In a parallel enquiry, Swedish police have targeted Volvo officials for similar offenses.

Missionpharma blacklisted by agencies in wake of investigation

Danish police are preparing to press charges against two individuals Missionpharma suspected of paying kickbacks for a contract awarded in 2005. CEO Kim Ginnerup professes innocence. He says sales have suffered since his company was banned from tendering for UN agencies.

OECD report slams Finnish anti-corruption efforts

Transparency International lists Finland as squeaky clean. But an OECD has slammed Finland’s anti-corruption efforts in a candid report that scrutinises the country’s efforts to combat the bribery of foreign officials

Slow going in Haiti for Sida-USAID guarantee scheme

A cooperation agreement between the Swedish International Development Cooperation Agency (Sida) and USAID has produced mixed results since it was signed earlier this year, with early successes in Bosnia-Herzegovina offset by setbacks in post-earthquake Haiti.