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Alstom under Investigation in France and Switzerland for Allegedly Paying Bribes in Brazil, Venezuela, Indonesia and Singapore


In 2007, an investigation began in Switzerland into allegations that the French company Alstom paid bribes in relation to contracts in Brazil, including a USD 200 million contract for a hydroelectric plant in Santa Catarina and a USD45 million Sao Paulo underground project. The alleged bribery took place between 1995 and 2003.

In France, an investigation regarding the same allegations began on the 8th November 2007.

The allegations came to light through the work of the auditors, KPMG, who were working on behalf of the Swiss Banks Federal Commission. At least one of the contracts had received funds from the World Bank.


References
Wall Street Journal  [Publication date: 11/11/2008] 'Court Signals Suspicion in Alstom Probe' by David Crawford
   http://online.wsj.com/article/SB122635449074015183.html?mod=googlenews_wsj#prin
   tMode

[ Date URL accessed: 15/11/2008 ]

EuropaSur  [Publication date: 23/8/2008] 'La Fiscalía suiza investiga a Alstom por un presunto delito de corrupción'
   http://www.europasur.es/article/economia/211649/la/fiscalia/suiza/investiga/als
   tom/por/presunto/delito/corrupcion.html

[ Date URL accessed: 25/8/2008 ]

Urgente24  [Publication date: 22/8/2008] 'Por ahora, zafa el tren-bala: Los sobornos que se investigan de Alstom serían en Brasil y Venezuela'
   http://www.urgente24.com/index.php?&id=ver&tx_ttnews%5Btt_news%5D=106550&cHash=
   138955c851

[ Date URL accessed: 25/8/2008 ]

Bloomberg.com  [Publication date: 22/8/2008] 'Alstom Raided in Swiss Probe Into Contract Bribery (Update2)' by Andrew Noel, Thomas Biesheuvel
   http://www.bloomberg.com/apps/news?pid=20601087&sid=afNmDm.AgGls&refer=home#
[ Date URL accessed: 24/8/2008 ]

International Herald Tribune  [Publication date: 22/8/2008] 'Alstom offices raided in bribery investigation'
   http://www.iht.com/articles/2008/08/22/business/alstom.php
[ Date URL accessed: 24/8/2008 ]

MisionLandia  [Publication date: 11/8/2008] 'Tren bala en la mira'
   http://www.misionlandia.com.ar/content/view/7168/1/
[ Date URL accessed: 27/8/2008 ]

Portal Minero  [Publication date: 8/8/2008] 'Alstom Chile va por negocio energético y aborda casos de corrupción internacional'
   http://www.portalminero.com/noti/noticias_ver_ch.php?codigo=4299&fecha=08
[ Date URL accessed: 27/8/2008 ]

Business Week  [Publication date: 1/7/2008] 'Did Alstom Bribe Like Siemens?' by Jürgen Dahlkamp, Jorg Schmitt, Stefan Simons
   http://www.businessweek.com/globalbiz/content/jul2008/gb2008071_505390.htm
[ Date URL accessed: 2/7/2008 ]

Matangi  [Publication date: 25/6/2008] 'Foreign bribery remains a problem with OECD countries'
   http://www.matangitonga.to/article/ti_250608_1146_pf.shtml
[ Date URL accessed: 26/6/2008 ]

Transparency International  [Publication date: 24/6/2008] 'Progress Report 2008 Enforcement of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions OECD Anti-Bribery Convention' by Frtiz Heimann, Gillian Dell
   http://www.transparency.org/content/download/33627/516718
[ Date URL accessed: 24/6/2008 ]

Transparency International  [Publication date: 24/6/2008] 'Mixed messages on fighting foreign bribery, says TI report Less than half of OECD governments enforce foreign bribery prohibition' by Fritz Heimann, Gillian Dell
   http://www.transparency.org/news_room/latest_news/press_releases/2008/2008_06_2
   4_oecd_progress

[ Date URL accessed: 24/6/2008 ]

AnsaLatina.com  [Publication date: 22/6/2008] 'PARTIDO DE LULA ES CONSERVADOR, CARDOSO'
   http://www.ansa.it/ansalatina/notizie/notiziari/brasil/20080622154834677828.htm
   l

[ Date URL accessed: 23/6/2008 ]

La Nacion  [Publication date: 19/6/2008] 'La investigación sobre presuntos sobornos de Alstom se concentra en sus nexos en Brasil' by Por David Crawford, Antonio Regalado, David Gauthier-Villars
   http://www.lanacion.com.ar/wsj/nota.asp?nota_id=1022727
[ Date URL accessed: 23/6/2008 ]

Wall Street Journal  [Publication date: 19/6/2008] 'Bribe Probe Exposes Alstom Network in Brazil' by David Crawford
   http://online.wsj.com/article/SB121382391422986053.html?mod=googlenews_wsj
[ Date URL accessed: 20/6/2008 ]

Clarin.com  [Publication date: 7/6/2008] 'Brasil ya investiga los contratos de Alstom' by Eleonora Gosman
   http://www.clarin.com/diario/2008/06/07/elpais/p-03401.htm
[ Date URL accessed: 9/6/2008 ]

Clarin  [Publication date: 2/6/2008] 'Siemens, Alstom y una historia de sobornos y corrupción' by Daniel Muchnik
   http://www.clarin.com/diario/2008/06/02/elpais/p-01301.htm
[ Date URL accessed: 3/6/2008 ]

Terra  [Publication date: 24/5/2008] 'Políticos denuncian 'paralización' de las investigaciones a Alstom en Brasil'
   http://actualidad.terra.es/nacional/articulo/politicos_alstom_brasil_2497352.ht
   m

[ Date URL accessed: 29/5/2008 ]

La Nacion  [Publication date: 19/5/2008] 'El caso de corrupción de Alstom, arma política en Brasil' by Antonio Regalado
   http://www.lanacion.com.ar/wsj/nota.asp?nota_id=1013802
[ Date URL accessed: 30/5/2008 ]

Wall Street Journal  [Publication date: 17/5/2008] 'Alstom Files as Plaintiff in Bribery Case' by David Crawford
   http://online.wsj.com/article/SB121093138436298447.html?mod=googlenews_wsj
[ Date URL accessed: 17/5/2008 ]

Diario de America  [Publication date: 17/5/2008] 'Alstom y La Vueltosa de Luis Tascón' by Orlando Ochoa Terán
   http://diariodeamerica.com/front_nota_detalle.php?id_noticia=3973
[ Date URL accessed: 30/5/2008 ]

Clarin.com  [Publication date: 17/5/2008] 'Brasil también investiga si Alstom pagó coimas' by Eleonora Gosman
   http://www.clarin.com/diario/2008/05/17/elpais/p-02605.htm
[ Date URL accessed: 29/5/2008 ]

International Herald Tribune  [Publication date: 16/5/2008] 'Alstom asserts it was victim of corruption'
   http://www.iht.com/articles/2008/05/16/business/alstom.php
[ Date URL accessed: 19/5/2008 ]

Forbes  [Publication date: 16/5/2008] 'Alstom declares itself civil party in French-Swiss bribery probe'
   http://www.forbes.com/markets/feeds/afx/2008/05/16/afx5017854.html
[ Date URL accessed: 19/5/2008 ]

BWN Patagonia  [Publication date: 10/5/2008] 'Que raro...la empresa encargada de fabricar el tren bala argentino es "sospechosa de pagar coimas"'
   http://bolsonweb.com.ar/diariobolson/detalle.php?id_noticia=15239
[ Date URL accessed: 6/6/2008 ]

Ministerio do Planejamento, Orcamento e Gestao  [Publication date: 7/5/2008] ''WSJ': Alstom é investigada por suborno para obter obras, incluindo Metrô de SP'
   http://clipping.planejamento.gov.br/Noticias.asp?NOTCod=428674
[ Date URL accessed: 8/5/2008 ]

International Herald Tribune  [Publication date: 7/5/2008] 'Alstom CEO says French engineering company cooperating with Swiss and French corruption probes'
   http://www.iht.com/articles/ap/2008/05/07/business/EU-FIN-France-Alstom-Investi
   gation.php

[ Date URL accessed: 8/5/2008 ]

International Herald Tribune  [Publication date: 7/5/2008] 'European firms accelerate compliance with global anti-corruption standards'
   http://www.iht.com/articles/2008/05/07/business/alstom.php
[ Date URL accessed: 8/5/2008 ]

International Herald Tribune  [Publication date: 7/5/2008] 'Alstom CEO says French engineering company cooperating with corruption investigators'
   http://www.iht.com/bin/printfriendly.php?id=12648278
[ Date URL accessed: 9/5/2008 ]

AFP  [Publication date: 6/5/2008] 'Prosecutors probe Alstom for contract corruption'
   http://afp.google.com/article/ALeqM5if0Wac42KwRglSaQf0G5sCrcfgtQ
[ Date URL accessed: 8/5/2008 ]

Wall Street Journal  [Publication date: 6/5/2008] 'French Firm Scrutinized In Global Bribe Probe' by David Crawford
   http://online.wsj.com/article/SB121001983179268511.html
[ Date URL accessed: 8/5/2008 ]

O Globo  [Publication date: 6/5/2008] 'Alstom é investigada por suspeitas de suborno no Brasil' by David Crawford
   http://oglobo.globo.com/pais/noblat/post.asp?cod_post=101153
[ Date URL accessed: 8/5/2008 ]


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