A former Nortura sales executive has been charged with corruption by Norway's financial crime prosecutor Okokrim after being accused of receiving or demanding 900,000 kroner ($98,000) from Foods AS, which has been fined for the offense. Karl Westad, the ex-sales manager, faces corruption charges along with Foods' procurement manager
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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.