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SA reputation tarnished by “brazen” Hitachi bribe

By Martin Kenney First published on Biznews.com The story of how electronics giant Hitachi bought political influence in order to win a $5.6-billion power station contract, calls into question not only the integrity of a massive company with a global reputation, but also the very integrity of the South African government. Moreover, a $19-million fine Read more >

Hitachi: a settlement payment is not enough

Global electronics corporation Hitachi’s settlement fine of $19-million for charges brought by the US Securities and Exchange Commission (SEC) against the company for violating the Foreign Corrupt Practices Act (FCPA) is not enough of a sanction. The Japanese multinational company has a diverse footprint in over 40 countries and boasts growing profit margins year on Read more >