Canadian Court Convicts Agent In Foreign Bribery Case

Law360, New York (August 19, 2013, 7:43 PM EDT) -- A Canadian court has convicted a biometrics company's agent of a plot to bribe Indian aviation authorities and Air India executives in exchange for an airline security contract, the first conviction of an individual under Canada's Corruption of Foreign Public Officials Act.

Justice Charles T. Hackland of Ontario Superior Court found that Nazir Karigar entered a deal with the Canadian unit of Cryptometrics Inc. to pay around $450,000 in cash and certain shares to Air India officials and the Indian Minister of Civil Aviation in order...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.