Bribery

A Georgia man is in jail today after attempting to bribe a police officer in an effort to avoid a DUI charge.

Goodyear is paying a fine of over $16 million to the Securities and Exchange Commission without admitting or denying wrongdoing for bribery in Kenya and Angola. Subsidiaries there allegedly paid for tire business and hid the money as legitimate expenses.

Formula One bigwig Bernie Ecclestone has opened his wallet to finally put an end to his trial for alleged bribery in Germany. According to Britain's The Telegraph citing the Süddeutsche Zeitung, the controversial racing magnate offered a 60 million pound- ($100 million-)

It's come out that Bernie Ecclestone, the chief executive of Formula One, paid three team principals - Eddie Jordan, Alain Prost and the late Tom Walkinshaw - $10 million each to sign the Brandon Turkus

Volvo CEO Hakan Samuelsson will be making a rather large charitable donation - 500,000 Euros ($668,000), according to Bloomberg. This is not, however, a move out of the goodness of his heart. It's part of an agreement the exec made after a court case in Germany. Samuelsson spent nine years at truck manufacturer MAN, with his last four years as the boss. During his tenure, though, MAN was accuse

An investigation by the US Department of Justice into charges that Daimler bribed officials in 22 countries with "tens of millions of dollars" to win contracts worth hundreds of millions of dollars from 1998 to 2008 has almost come to a close. Daimler paid $195 million in

Controversial Formula One boss Bernie Ecclestone is facing bribery charges from German prosecutors. The long-rumored indictments stem from the 2006 sale of the racing series from Germany's Bayern LB bank to CVC Capital partners. The charge could result in Ecclestone facing jail time and losing his iron grip on the F1 series.

Formula One CEO Bernie Ecclestone should expect Germany to file charges against the executive over his alleged bribery of former banker Gerhard Gribkowsky. That's according to Autoweek, which notes Gribkowsky oversaw the sale of BayernLB's stake in the racing series back in 2006 to CVC Capital Partners, which no

Bernie Ecclestone has controlled the commercial rights to Formula One for so long it seems like he always has and always will. But that's not exactly the full story. While Ecclestone was the first to negotiate for control over the sport's commercial aspects – namely its television broadcasting rights – there was a time when he had to relinquish control. And that time may come again soo

Formula One boss Bernie Ecclestone may find himself in legal trouble in Germany over allegations that he bribed a bank official $50 million. According to Yahoo Sports' European arm, prosecutors are currently gathering evidence against the F1 honcho.

For a number of years Daimler kept secret accounts used by executives specifically for the purpose of making illicit payments to foreign officials – a practice otherwise known as bribing. The "improper payments" were made primarily in Africa, Asia and Eastern Europe from banks in those regions. The bribery itself wasn't Daimler's problem – the fired whistleblower and the U.S. Department of Justice and Securities and Exchange Commission were.

The South Korean government has decided not to pursue an indictment against Chung Eui Sun, president of Kia Motors. The move not to prosecute apparently stemmed from the fact that his father, Chung Mong Koo (Hyundai Motor chairman) was the one with final authority, and he is being indicted in the bribery scandal.

An ex-government official in the growing Hyundai scandal was found dead Sunday of an apparent suicide. Park Seok-an, under suspicion for bribery in the Korean automaker corruption case was found dead in a lake-he had been slated to appear in the prosecutor's office the same morning, having already been questioned five times on suspicion of taking bribes in exchange for business favors while he was a dire

South Korean officials descended upon Hyundai's headquarters, carting off around 100 boxes of data from the companies southern Seoul offices. The move came as the latest development in a corruption probe surrounding a prominent business lobbyist.

South Korean officials descended upon Hyundai's headquarters, carting off around 100 boxes of data from the companies southern Seoul offices. The move came as the latest development in a corruption probe surrounding a prominent business lobbyist.

A whistleblower-spurred inquiry into 'improper payments' (read: bribes) has led DaimlerChrysler to let go or suspend several employees on three continents.