Whistleblower Network News

OCTOBER 17, 2024

authorities announced major settlements with defense contractor RTX (formerly known as Raytheon Technologies Corporation) over allegations that the company violated both the Foreign Corrupt Practices Act (FCPA) and False Claims Act (FCA). On October 16, U.S. Department of Justice (DOJ) announced a $950 million settlement while the U.S.

Negotiation 106

Negotiation Price Corruption E-procurement 106

Kluwer Arbitration

MAY 2, 2024

The previous ones referred to a preliminary measure (2010) and to an annulled arbitral award (2011). In both arbitrations, Lima responded by arguing among other things that the Concession Contract and its modifications were void due to corruption. To get your free subscription to the ITA Arbitration Report, click here.

Transportation 52

Transportation Transportation Corruption IT 52

Kluwer Arbitration

OCTOBER 25, 2024

Since 2011, SIAC has administered over 1,400 cases involving Indian parties, with disputes exceeding SGD 20 billion. The second day of the Conference, in New Delhi, began with an Opening Address by Gloria Lim (CEO at SIAC), who highlighted how India had been a key partner in SIAC’s journey.

Ethics 52

Ethics Efficiency Import Export 52

Kluwer Arbitration

MARCH 25, 2024

In 2011, the tribunal ruled that the windfall profit tax did not breach the BIT. Between 2005 and 2011, Mongolia experienced a substantial increase in foreign direct investment (“FDI”), surging from $187.6 State Department. million to $4.5 However, this trend reversed in subsequent years, with FDI declining to $2.0 million in 2015.

Transparency 105

Transparency Negotiation Price Export 105

Kluwer Arbitration

DECEMBER 9, 2024

There are no restrictions on the evidence that may be presented before the English courts, beyond those imposed by the courts procedural rules ( Central Trading & Exports Ltd v Fioralba Shipping Co (The Kalisti) , paras. The Ratione Temporis objection: the dispute arose before the Treaty came into force.

Export 59

Export Tender Thresholds Corruption 59

Kluwer Arbitration

JANUARY 12, 2025

The railway corridor would transport minerals, including coal, for export ( Notice of Arbitration , para 2). PEL signed a Memorandum of Interest (MOI) on May 6, 2011 with the Ministry of Planning and Development and the Ministry of Transport and Communication (Award, para 163).

Engineering 52

Engineering Tender Public Private Partnership Transportation 52