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Bribes

4 stories about Bribes
אורי יהודאי

IFF Submits Frutarom Findings to U.S. Department of Justice

13.08.19|Tomer Ganon and Ran Abramson
While the company claimed it was only made aware of Frutarom's allegedly improper actions recently, one person familiar with the matter told Calcalist IFF was made aware of the matter during the due diligence process
אורי יהודאי

Source: Frutarom Had a Mechanism for Payments It Wanted to “Make Under the Radar”

07.08.19|Tomer Ganon and Hezi Sternlicht
As IFF worked to integrate Frutarom, for which it paid $6.4 billion in 2018, it learned of allegations that Frutarom made improper payments to customer representatives
אורי יהודאי

IFF Uncovers Bribes Involving Frutarom, Former CEO May Be Involved

06.08.19|Tomer Ganon and Hezi Sternlicht
Though IFF did not name any of the suspects involved, Frutarom's former CEO and president Ori Yehudai is one of them, according to one person familiar with the matter
אתר טבע כפר סבא

Former Execs, Directors, to Pay Teva $50 Million for Part in Bribery Damages

25.07.19|Tomer Ganon
A recently reached settlement will see the Israeli drugmaker receive compensation for the fines it paid U.S. and Israeli authorities after being charged with conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act in 2016