David VoreacosABB admitted that between 2014 and 2017, it bribed an official"to improperly influence the decisions of Eskom".
ABB agreed 2 December to pay a $315 million criminal penalty over bribes to an Eskom official as it sought control and instrumentation contracts at the company’s Kusile coal-fired plant. The firm also resolved probes by South Africa and Switzerland, and will do so in Germany. Half the penalty will go to South Africa.ABB is paying $4.3 million to Switzerland, where the firm acknowledged not taking"all necessary and reasonable" steps to prevent the bribery. On 3 December, the Securities and Exchange Commission issued an order against ABB that raised the overall cost to the company, after other credits, to $327 million, the firm said.
ABB agreed in 2020 to repay $104 million it was paid in connection with Kusile. In July, two former ABB employees and their wives were arrested in South Africa for corruption linked to $29.4 million of contracts. Such companies would seem to face a tougher stance by US prosecutors, under a policy announced in October 2021 by Deputy Attorney General Lisa Monaco.
_Business So is this during Koko's tenure, Brian Molefe and or LynnBrown & her board? When will we know?
_Business So what is the South African companies who fronted for the corruption & bribes, who are the Directors & chairman of these companies, it seems that journalists are scared to name the SA companies, just like they also scared of certain politicians so they don't report?
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
Business shows support for Eskom leadership amid load shedding crisis | BusinessBusiness and SA’s energy sector have emphasised their support for Eskom’s current leadership, who have come under fire for the latest prolonged bout of load shedding, especially from Mineral Resources and Energy Minister Gwede Mantashe. | News24_Business _Business White Business and White SA’s energy sector have emphasised their support for Eskom’s current leadership, who have come under fire for the latest prolonged bout of load shedding, especially from Mineral Resources and Energy Minister Gwede Mantashe. | _Business _Business Is nice being white indeed _Business Surely it is not a crises coal and electricity is causing global warming and CR is being paid big USD to 'transform' our grid.
منبع: News24 - 🏆 4. / 80 ادامه مطلب »
ESKOM LIVE | SA hit by Stage 6 load shedding | BusinessAll the latest news and analysis on load shedding, power and the national grid. _Business What a joke…Cyril “we’ll better the country” loll…😂 _Business WTF they f!cken Phala Phala _Business Proudly brought to you by Ramapussy
منبع: News24 - 🏆 4. / 80 ادامه مطلب »
Mantashe: Eskom agitates for 'overthrow of the state' by not dealing with load shedding | BusinessMineral Resources and Energy minister Gwede Mantashe said load shedding is becoming worse than state capture because of how it is directly affecting citizens and taking a toll on the economy. | News24_Business _Business Last person to say that. Loadshedding was brought back by the current Anc admin which he is part of. _Business We want the ANC OUT! Period! Ramaphosa must dissolve his cabinet and call out early elections! _Business errolbsk the “deep thinker” in action.
منبع: News24 - 🏆 4. / 80 ادامه مطلب »
Business Maverick: Eskom Debt Among Worst Hit in EM on South Africa Political DramaEskom Holdings SOC Ltd.’s bonds are some of the worst performing developing-nation debt so far this month amid concern Cyril Ramaphosa will be removed as president of South Africa.
منبع: dailymaverick - 🏆 3. / 84 ادامه مطلب »