Tag: investigation
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Three arrests in Mace data centre bribery investigation
The Serious Fraud Office (SFO) has launched a multi-million pound international bribery investigation, centred on Blu-3 and former associates of Mace. The SFO said individuals at infrastructure provider Blu-3 are suspected of paying over £3m of bribes to former associates of Mace Group in relation to the construction of a data centre in the Netherlands…
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California high-speed rail project faces $6.5B shortfall, possible federal investigation
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The California High-Speed Rail Authority faces a $6.5 billion funding gap to complete the initial 171-mile segment between Bakersfield and Merced, California, the state’s Office of the Inspector General said in a Feb. 3 report.…
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Competition watchdog extends investigation into housebuilders
The Competition and Markets Authority (CMA) is extending its ongoing investigation into suspected breaches of competition law by seven major housebuilders. The CMA launched a probe last February following concerns that the companies may have exchanged competitively sensitive information with other housebuilders, which could be influencing the build-out of sites and the prices of new…