Saturday, July 31, 2021

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DOJ Charges Two Austrian Bankers with Money Laundering as Part of Massive Odebrecht Bribery...

Last week, we had some rumblings of FCPA enforcement with the announcement of three separate criminal cases against individuals. Each enforcement action deserves a separate blog posting. DOJ’s criminal FCPA program continues to ramp up and mature. But for COVID-19 last year, DOJ’s criminal case numbers would have increased steadily year-over-year for the last three […]
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Chadian Diplomats Charged in Bribery Scheme for Oil Rights

Two former top diplomats from the Republic of Chad have been charged with soliciting, accepting, and laundering a $2 million bribe from a Canadian start-up energy company, in exchange for oil rights in Chad. Mahamoud Adam Bechir – former Ambassador to the U.S. and Canada – and Youssouf Hamid Takane – former Deputy Chief of […]
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Bribery Act 2010: Ten Years On

Ten years have passed since the introduction of the UK’s primary anti-corruption law, the Bribery Act 2010. This article examines the extent to which the Act has lived up to its billing as the international “gold standard” for bribery legislation and looks ahead to future trends in UK economic crime enforcement. Source: Wilmer Hale: Bribery […]
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Upcoming Chinese Data Laws Will Affect International Investigations and Litigation

China recently released second drafts of its Data Security Law (DSL) and its Personal Information Protection Law (PIPL) for public comment. These laws would give the Chinese government approval authority over requests from foreign enforcement agencies for data stored in China. Helen Hwang and Eric Carlson of Covington & Burling warn that these changes are […]
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Airbus Subsidiary to Plead Guilty to Corruption

A defunct Airbus subsidiary is expected to plead guilty to corruption today in relation to an investigation by the UK Serious Fraud Office into contracts with the Saudi Arabian National Guard. During an arraignment hearing, GPT Special Project Management Ltd. said it would admit to a single count of corruption in connection with contracts awarded […]
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Post-Employment Actions May Trigger Liability for Retaliation Under the False Claims Act

Can an employer be held liable under the False Claims Act for retaliation if it takes some adverse action against a former employee? Until recently, only one federal appellate court had addressed the issue, holding that the FCA does not cover post-employment retaliation. However, on April 1, 2021, the Sixth Circuit reached the opposite conclusion […]
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Latin America Anti-Bribery Year-in-Review: 2020 Developments and Predictions for 2021

Despite the impacts of the COVID-19 pandemic, 2020 was an active year for Foreign Corrupt Practices Act enforcement. The DOJ and SEC maintained their extensive cooperation with foreign law enforcement, especially in South America, making 2020 a record-breaking year with well over $6 billion in corporate monetary penalties. These FCPA enforcement trends are critically important […]
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UK Investigation into KBR–Unaoil Bribery Allegations Closed

The U.K. Serious Fraud Office has closed a four-year bribery probe into subsidiaries of Houston-based engineering firm KBR, citing inadequate evidence to prosecute. The investigation began following media allegations that Monaco-based Unaoil Group had paid bribes to energy companies including KBR. Its closure comes a month after the U.K. Supreme Court ruled that the SFO […]
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Citgo Official Pleads Guilty in $7 Million Bribery Scheme

Former Citgo procurement officer José Luis De Jongh Atencio, a dual U.S.-Venezuelan citizen, has pleaded guilty to a money laundering charge for his participation in a bribery scheme to obtain contracts from Citgo and its parent Petróleos de Venezuela SA. While working for Citgo, De Jongh accepted $7 million in bribes, which he directed into […]
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ECI’s Global Business Ethics Survey: The Plusses and Minuses (Part I of II)

In the first of a two-part series, Michael Volkov examines the Ethics and Compliance Initiative’s latest business ethics survey, which examines corporate misconduct and employment retaliation. While most measures remained steady compared to previous years, retaliation seemed to increase significantly, Volkov notes. This year, more employees reported that they worked in an ethical environment and […]
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