Legal News

French company executive sentenced for bribery and money laundering

Published on: 09 March 2020
Published by LNB News

LNB News 09/03/2020

Document Information

Issue Date: 09 March 2020

Published Date: 09 March 2020

Jurisdiction(s): United Kingdom

Article summary

The US Department of Justice has sentenced Lawrence Hoskins, former senior executive of French power and transportation company, Alstom, to 15 months in prison for his role in a multi-million-pound money laundering scheme designed to promote violation of the Foreign Corrupt Practices Act. He was also fined US$30,000.

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