Tysers and HW Wood settle with US DoJ over Ecuadorian bribery scheme
Lloyd’s oldest trading broker Tysers and privately-owned intermediary HW Wood have formally resolved investigations by the US Department of Justice over their participation in a “corrupt scheme” to pay bribes of $2.8mn to Ecuadorian officials to secure reinsurance business from state-owned insurers.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below