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Fourth officer charged in US Navy bribery scandal

A fourth US Navy officer has been charged with leaking information to a foreign defense contractor in exchange for cash and other gifts in a widening bribery scandal, officials said Thursday. Petty Officer First Class Dan Layug, 27, was arrested Wednesday in San Diego and appeared in court Thursday, when a judge released him with GPS monitoring in lieu of a $100,000 bond. He is accused of accepting bribes in return for giving classified and sensitive US Navy information to employees of Glenn Defense Marine Asia, a defense contractor at the center of the scandal.

Fourth U.S. Navy official charged in bribery investigation

By Marty Graham SAN DIEGO (Reuters) - The fourth U.S. Navy official charged in the widening corruption investigation of a Singapore-based defense contractor made his first court appearance on Thursday, accused of accepting gifts of cash, electronics and luxury hotel stays. Petty Officer First Class Dan Layug, 27, is charged with conspiracy to commit bribery, according to a complaint unsealed on Thursday. Tokyo-based Layug was arrested on Wednesday in San Diego, where he later appeared before a federal judge.

GSK, facing bribery claims, battles to build new sales model

By Ben Hirschler LONDON (Reuters) - Drugmaker GlaxoSmithKline - hit by bribery claims in five countries - is to employ hundreds more doctors as members of staff as it seeks to build a new sales model designed to eliminate sharp marketing practices. Following a decision to cut commercial ties with outside doctors, GSK expects to increase its in-house team of physicians by 10-20 percent over the next year or so from around 1,500 at present, Chief Medical Officer James Shannon told Reuters.

GSK, facing bribery claims, battles to build new sales model

By Ben Hirschler LONDON (Reuters) - Drugmaker GlaxoSmithKline <GSK.L> - hit by bribery claims in five countries - is to employ hundreds more doctors as members of staff as it seeks to build a new sales model designed to eliminate sharp marketing practices. Following a decision to cut commercial ties with outside doctors, GSK expects to increase its in-house team of physicians by 10-20 percent over the next year or so from around 1,500 at present, Chief Medical Officer James Shannon told Reuters.

Ex-government engineer accepted trips, golf and cash in exchange for contracts

MONTREAL - A former Transport Quebec engineer says he was routinely bribed by construction and engineering firms in exchange for help with lucrative government contracts. Guy Hamel told the Charbonneau Commission on Wednesday he accepted numerous gifts and favours in exchange for favourable decisions from his position on a selection committee for government contracts. He also helped firms through his role as a project manager for provincial works projects.

Indonesian lawmaker jailed in Alstom-Marubeni bribe case

Indonesia's main anti-corruption court sentenced a lawmaker to three years' jail Monday for accepting bribes from French company Alstom and Japan's Marubeni in a multimillion-dollar contract. Izedrik Emir Moeis was found guilty of accepting $357,000 from the companies to help them secure a $118 million joint contract in 2004 to supply and install boilers at a power plant on the island of Sumatra.

FTC at full strength as Senate approves McSweeny

WASHINGTON (Reuters) - The U.S. Senate on Wednesday overwhelmingly approved the nomination of Justice Department official Terrell McSweeny to be the third Democratic commissioner on the five-member Federal Trade Commission. McSweeny, nominated in June, is a former domestic policy adviser to Vice President Joe Biden and is now chief counsel for competition policy at the Justice Department's antitrust division. The vote was 95-1 for McSweeny with David Vitter, a Republican from Louisiana, voting against her nomination.

HP pays $108 million to settle foreign bribery probes

By Edwin Chan and Aruna Viswanatha SAN FRANCISCO/WASHINGTON (Reuters) - Hewlett-Packard will pay $108 million and one of its subsidiaries will plead guilty to bribery charges over its role in a scheme to secure a contract with a Russian government office, the Justice Department said on Wednesday. HP units in Poland and Mexico also resolved criminal charges related to contracts in those two countries, the department said.

SEC's Stein backs states' push to police smaller stock deals

By Sarah N. Lynch WASHINGTON (Reuters) - U.S. securities regulators should not be so quick to scale back the power of the states to police certain smaller public stock deals, a top U.S. Securities and Exchange Commission official warned on Tuesday. The remarks by SEC Commissioner Kara Stein, a Democrat, represented a small victory for state regulators, who have been locked in a deep jurisdictional and legal battle with the SEC over a plan that proposes to preclude states from regulating some smaller stock offerings.

U.S. FTC can sue hotel group over poor data security, court rules

WASHINGTON (Reuters) - A U.S. court ruled on Monday that the Federal Trade Commission can proceed with a lawsuit against the hotel group Wyndham Worldwide Corp for allegedly failing to safeguard consumers' personal information. Wyndham had argued that the commission did not have jurisdiction to sue over what it saw as lax security leading to data breaches and asked for the lawsuit to be dismissed.
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