The former head of an Idaho construction firm has been sentenced to five years in prison on charges related to false tax filings and fraud, which helped the firm to stay eligible for key federal programs and strengthen its market position, the Dept. of Justice says.
An AfDB probe revealed that two Hitachi subsidiaries crafted a kickback arrangement with the African National Congress whereby the parties would share commissions from contracts Hitachi won at the Medupi coal-fired power plant in South Africa.
Shortly before Congress adopted a measure to help curtail individual surety fraud, an appellate court decision seemed to make it more difficult for contractors who use individual surety bonds on public project bids to compete.
The U.S. Dept. of Transportation ended on Sept. 14 the suspension of Rocky Hill, Conn.-based Garg Consulting Services, which failed to properly vet the credentials of Barry Kenneth Purnell, Jr., a bridge inspector who falsely claimed to have an Engineer-in-Training certificate from the state of Connecticut.
Nearly a decade after Florida-based transportation engineer PBSJ Corp. was rocked by a $36-million corporate embezzlement scandal involving its former chief financial officer and two associates, another industry firm has felt the sting of a top executive's financial improprieties.
Bridge inspector Barry Kenneth Purnell Jr. has not been shy about advertising his qualifications on LinkedIn, where he claims to be a licensed professional civil engineer with wide experience in project management and contract acquisition.
Global design firm Louis Berger and the U.S. Justice Dept. announced a settlement on July 17 of bribery charges against former senior managers in Asia that includes a three-year deferred prosecution of the firm, suspending prosecution of any criminal charges and a $17.1-million fine.
Like its peers, Odebrecht, the celebrated Brazilian mega-builder, is facing twofold headwinds of a slowing domestic economy and a murky corruption investigation involving billions of dollars in bribes and kickbacks that contractors allegedly paid to win deals with state-owned oil giant Petrobras.