Topic: Bribery and corruption

Subpoena in bribery probe upheld despite BIT claim

A US court has upheld a subpoena compelling an engineering company to hand over documents to support a corruption investigation in Ecuador, rejecting arguments it was an attempt to “bypass” procedures in an investment treaty arbitration.

23 April 2020

Pakistani province pursues corruption challenge to ICC award

An English court wants further details before it will hear a challenge by the Pakistani province of Balochistan to a partial ICC award won by an Australian mining venture – as corruption allegations are again invoked in a dispute that has already given rise to a US$5.9 billion ICSID award.

22 April 2020

Alstom can present French law evidence in bribery dispute

The Commercial Court in London has allowed Alstom to file expert evidence on French criminal law in its challenge to the enforcement of an ICC award that the courts in Paris have already held would facilitate bribery.

08 April 2020

Witness must testify in Central Asian bribery dispute

The English Court of Appeal has ruled that a UK-based witness can be compelled to give evidence in a New York-seated arbitration over alleged bribes paid to a Central Asian government despite the fact that he is not a party to the arbitration agreement.

20 March 2020

Peru passes arbitration reform in wake of corruption scandal

As the international fallout from the Odebrecht corruption scandal continues, Peru has made several reforms to its arbitration law with the aim of increasing transparency for disputes involving state entities – drawing criticism from practitioners in the region who say the measures are ill-conceived.

28 January 2020

Odebrecht project triggers new claim against Colombian agency

An Odebrecht-led consortium has launched an ICC claim against Colombia’s National Infrastructure Agency over a highway concession – months after a domestic arbitration panel concluded the project had been procured through corruption.

21 January 2020

Samsung pays to end Petrobras bribery dispute

Korean shipbuilder Samsung Heavy Industries has paid US$200 million to satisfy a London arbitration award in favour of an offshore drilling contractor, weeks after settling a related US investigation over bribes paid to former officials at Brazil’s Petrobras.

08 January 2020

Nigeria files corruption challenge to mega-award

Nigeria has launched a fresh challenge in UK courts against US$9.6 billion award won by a British Virgin Islands company arising from a failed gas deal, arguing the underlying contract was procured through fraud and corruption.

06 December 2019

Billion-dollar mining fraud award upheld in London

The Commercial Court in London has rejected an application by a Guernsey mining company founded by Israeli billionaire Beny Steinmetz to set aside a US$2 billion LCIA award that found an iron ore concession in Guinea was procured using bribes.

02 December 2019

Malaysia's 1MDB wins appeal over challenge to LCIA settlement

The Court of Appeal in London has ruled that Malaysian sovereign wealth fund 1MDB can proceed with an application to set aside an allegedly fraudulent settlement of an LCIA arbitration with an Abu Dhabi government-owned entity amid a scandal over billions of dollars in misappropriated funds.

27 November 2019

Get unlimited access to all Global Arbitration Review content