US Charges Rolls-Royce Employees With Bribing Kazakh, Azerbaijani Officials

US Charges Rolls-Royce Employees With Bribing Kazakh, Azerbaijani Officials”

Prosecutors say the five conspired to pay bribes to steer business to Rolls-Royce Energy Systems Inc, a USA -based subsidiary of Britain's Rolls-Royce plc.

They are accused of being involved in schemes whereby foreign government officials received bribes in exchange for deals that benefited a Rolls-Royce subsidiary in the USA, including a contract to supply equipment and services to power a gas pipeline from central Asia to China.

Mr Zuurhout, 53, former sales manager of the engineering firm's energy division, from the Netherlands, has pleaded guilty to one count of conspiracy to violate the FCPA.

The company announced in January that it had agreed to pay £671m to British, US and Brazilian authorities to settle bribery and corruption claims.

Britain's Serious Fraud Office Wednesday said its "investigation in respect of the conduct of individuals in Rolls-Royce Civil, Defence, Marine and former Energy Divisions continues".

Mr Barnett, a former regional director in energy at Rolls-Royce, Mr Zuurhout, previously an energy sales employee at the company and Mr Kohler each pleaded guilty to one count of conspiracy to violate the Foreign Corrupt Practices Act.

Finley pleaded guilty July 28 to one count of conspiring to violate the Foreign Corrupt Practices Act (FCPA) and one count of violating the law. Another individual, Petros Contoguris, who worked as an intermediary for Rolls-Royce has been indicted.

U.S. legal officials said Mr Contoguris was believed to be outside America and was not available to comment on the case.

Kenneth Blanco, acting head of the US Justice Department's criminal division, said in a statement that the charges showed the US would hold individual people to account for corporate crimes, rather than merely seeking fines and settlements.

In separate court appearances that began previous year, Mr Zuurhout, Mr Kohler and Mr Barnett each pleaded guilty to one count of conspiracy to violate the FCPA.

According to the cases unsealed, the individuals charged were part of a scheme to pay kickbacks and disguise those payments to Contoguris's company, Gravitas, in exchange for helping Rolls-Royce win contracts for the Asia Gas Pipeline.

The newspaper quoted a spokesman for the British engine maker as saying in a statement that the company "has committed to full ongoing co-operation with the Department of Justice and can not comment on action against individuals".

Like this


08 November 2017
German auto lobby group views European Union emissions targets as too challenging
The European Commission has proposed to 30-per cent reduction of vehicle carbon emissions by 2030, compared to 2021 levels. It also sets an interim goal of a 15 percent reduction by 2025 to help ensure automakers kick start investment early.

08 November 2017
Mandate to scout quarterbacks points to Eli benching
And While Manning is a four-time Pro Bowler and two-time Super Bowl champion, his days with the Giants may be nearing an end. New York's current starting signal-caller is 36-year-old Eli Manning, who has been tasked with a hard challenge this season.

08 November 2017
Vivint Solar, Inc. (NASDAQ:VSLR) Expected To Report Earnings On Tuesday
It has outperformed by 12.61% the S&P500.The move comes after 9 months negative chart setup for the $446.41 million company. BidaskClub downgraded Vivint Solar from a "strong-buy" rating to a "buy" rating in a report on Friday, August 11th.

08 November 2017
Gay confession: Bobrisky arrested in Lagos
According to LIB , a call was made to Toyin Lawani who was said to have been the mastermind of the arrest. I wanna hear something new. "Micheal Jackson was d top world celebrity den with so much followers".

08 November 2017
Justice League: Ezra Miller Reveals Deleted Flash Scene
Despite two previous appearances in Batman V Superman: Dawn of Justice and Suicide Squad , Miller has not had time to shine. Ezra Miller embodies The Flash in " Justice League ", in cinemas on 15 November 2017.

08 November 2017
Tottenham star Rose has insisted that he has no problem with Pochettino
As well as his injury healing, his relationship with Pochettino is fully mended too. When I was at Burnley and we got our body fat done I had a really good percentage.

08 November 2017
Pro-Gun Bills Pass Senate Committee
Private establishments that were previously gun-free zones could still prohibit guns, but public facilities could not. Meekhof said he has talked to the governor about the bills, but the governor's "not necessarily" on board yet.

08 November 2017
Pope Francis: 'Mass Is Not A Show,' Put Down Cell Phones
This is why "it was necessary first to implement, with the guidance of the Holy Spirit, an adequate renewal of the liturgy". He explained that the word Eucharist means thanksgiving , because we thank God for allowing us to receive him.

08 November 2017
Lionel Messi reiterates desire to fulfil dream and return Argentina
Messi's current deal expires next summer and Manchester City are said to be interested in the 30-year-old. Messi will likely seek a world-record pay package with whichever club he eventually signs for.

08 November 2017
Complete Evaluation of: SL Green Realty Corp. (SLG)
The real estate investment trust reported $0.32 EPS for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.01. Security Capital Research & Management Inc increased Kilroy Rlty Corp (KRC) stake by 11.14% reported in 2017Q2 SEC filing.