Avon has agreed to pay $135 million to settle charges by the U.S. Department of Justice and the U.S. Securities and Exchange Commission for violation of the U.S. Foreign Corrupt Practice Acts.
China is likely to create a new criminal law to prevent officials from seeking exemption from bribery cases on the excuse of “taking gifts from friends.”
Liu Tienan, former head of China’s economic planning agency, went on trial on Sept. 24, pleading guilty to accepting nearly $6 million in bribes, and possibly selling out his former political patrons.
A state senator accused of trying to bribe his way onto the New York City mayoral ballot said he didn’t do it—and if he did, he was lured into it by federal agents.