37 0

Image caption Pierucci's five-year ordeal is a cautionary tale for globe-trotting executives. In April 2013, as Frédéric Pierucci stepped off a plane at New York's JFK airport during a routine business trip, he was seized and handcuffed by uniformed men. The 45-year-old executive for Alstom, a French energy and transport group, was then driven to the FBI building in Manhattan, where the reason for his arrest became clear. In 2003-4, a federal prosecutor explained, Pierucci had authorised bribes to Indonesian officials to secure a contract for boilers at a power plant. This was true. At the time, he was working for an Alstom subsidiary in the Connecticut. Bribing was common practice at the company then. Full story

24 April