Financial Crime Financial Crime

Alstom must pay consultants $1.8 million despite bribery claims, UK judge says

By Martin Coyle
  • 18 Jun 2020 09:53
  • 18 Jun 2020 09:53
Alstom suffered a blow today as a judge in London upheld an order for the French engineering giant to pay $1.8 million owed in fees to a Hong Kong-based consultancy, despite claiming that paying the money could expose it to prosecution for bribery.
High Court judge Sara Cockerill blocked a bid

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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