Asia, Bribery | featured news

The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of U.S. anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment.

A former police chief at the center of a major China political scandal admitted attempting to defect to the United States, and did not contest charges of bribery and illegal surveillance at his trial on Tuesday, a court official said.

A former manager at China’s largest e-commerce company, Alibaba Group, has been arrested by Chinese police under suspicion of accepting bribes from businesses owners, the company said Thursday.

The Anglo-Australian mining giant rejected Chinese allegations that its employees detained in Shanghai were involved in bribery and stealing state secrets.