AsianInvesterAsianInvesterAsianInvester

Canadian pension execs charged in India bribery scheme

Despite CDPQ's prompt dismissal of executives linked to Indian energy sector bribes, does this case expose wider oversight challenges for foreign investors in Asian markets?
Canadian pension execs charged in India bribery scheme

US federal prosecutors have announced charges against three former employees of Caisse de dépôt et placement du Québec (CPDQ) over an alleged scheme to pay more than $250 million in bribes to Indian government officials aimed at securing and financing large state energy supply contracts.

Sign in to read on!
Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?
See here for more information on licences and prices, or contact [email protected]
¬ Haymarket Media Limited. All rights reserved.