US Firm Bribed $976,630 To Indian Officials To Win Water Development Projects

The Logical Indian

July 21st, 2015 / 6:49 PM

It was revealed recently that a US firm called Louis Berger International paid almost a million dollars to bribe Indian officials so that they could win 2 major water development projects in Goa and Guwahati. The New Jersey-based construction firm has also been convicted of bribing officials in Vietnam, Indonesia and Kuwait to secure government construction contracts.

The Indian government had initiated the 5-year contract back in 2010 in Goa to improve sewage and water supply facilities. The firm won the contract by paying $976,630 to Goan officials, including a minister. The contract in Guwahati was secured through slush funds.

According to court documents, the firm used terms like “commitment fee”, “marketing fee” and “field operations expenses” as euphemisms for the illegal transactions. A detailed diary was maintained by the firm concerning the firm’s unlawful ventures in foreign nations. In Goa, a spreadsheet was circulated between the officials and the firm to keep track of payments.

Admitting to the bribery charges, the US firm agreed to a $17.3 million settlement ordered by the US Department of Justice. The 79-year-old CEO of Louis Berger has been put under a 12-month house confinement and charged $4.5 million. As for the identity of the Indian minister and officials involved in the scam, it is still unknown.

The Logical Indian community hopes that the identity of all officials involved in this scam is revealed and that they are punished accordingly. Corporate corruption hinders progress, and this particular case brings to light the unholy nexus between government and business.

Image Courtesy: uswateralliance.org


Contributors

Edited by :

Share your thoughts..

Related Stories

Ukraine Suspects Bribery Worth Rs 17.5 Crore Given To Ministry Of Defence Officials, Asks For Help

Auditor Hired By PNB To Look Into Nirav Modi’s Firms Faces Rs 13.5 Crore GST Evasion Charges

Another Bank Scam: Three Directors Of A Mumbai Company Held For Duping Axis Bank Of Rs 4000 Crore

Korean company

Korean Firm That Pledged To Invest Rs 90,000 Cr In UP Has Annual Revenue Of Just Rs 13 Cr

$500 Million Missile Deal Between Israel And India Is Back On: Benjamin Netanyahu

Bribe

Within A Week Of Demonetisation, Bribe Of Rs 2.9 Lakh Paid In Gujarat With New Rs 2,000 Notes

Latest on The Logical Indian

Exclusive

I Wrote A Letter To PM Asking Why Ganga Has Not Been Cleaned, But No Reply, Says Waterman Rajendra Singh

Exclusive

Paralysed At 18 To Becoming A Para-Athlete At 30; Meet Haryana’s Ekta Bhyan Who Won Gold For India

Opinion

The Institutes Of Eminence And The Jio Institute Furor: The Wrong Debate For India And Its Youth

News

People Accused Of Crimes By CBI Being Appointed As CBI Officers; Complains CBI To Vigilance Commission

TLI Explains

TLI Explains: Can Aligarh Muslim University Allow Reservation For SC/ST Students?

Awareness

3.5 Cr Elderly Poor Are Being Given Pension Of Mere Rs 200 For Last 12 Yrs

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.