Monday, October 19, 2020

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Former Oil Executive Indicted in Bribery Scandal Linked to Venezuela

Federal prosecutors allege that former Citgo executive José Luis De Jongh Atencio received bribe payments of $2.5 million and tickets to big sports events from two business partners, both of whom have already pleaded guilty to their role in the scheme. De Jongh is a dual U.S.-Venezuelan citizen, and was a procurement officer for Citgo, […]
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Major Corruption Scandal in Mexico Targets Two Former Presidents and Construction Giant Odebrecht

Several former senior Mexican officials – including presidents Felipe Calderón and Enrique Peña Nieto – are implicated in a corruption scandal that Calderón says amounts to “political persecution.” Current president Andrés Manuel López Obrador has called for Calderón and Peña Nieto to testify about allegations linked to scandal-tainted Brazilian construction giant Odebrecht. The allegations have […]
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World Bank Announces Two Debarments for “Fraudulent Practices”

The World Bank has debarred Colombian construction services firm CASS Constructores S.A.S. for 18 months for misconduct related to the Río Bogotá Environmental Recuperation and Flood Control Project. CASS “knowingly misrepresented the composition and the roles within a consortium of three companies that ultimately won a World Bank-financed contract,” according to the bank’s release. Separately, […]
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U.K. Charges Airbus Subsidiary Over Saudi Deal

The U.K.’s Serious Fraud Office has charged Airbus SE subsidiary GPT Special Project Management Ltd. and three individuals in connection with a defense contract with Saudi Arabia. The investigation related to contractual arrangements that predate the plane maker’s acquisition of GPT, and was viewed as a potential threat to the country’s relationship with a key […]
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Yes, Germany Has a Compliance and Enforcement Problem

Rosemary Lark notes a disconnect between the appearance and the reality of Germany’s tolerance for corporate crime. “Germany has a strong rule-based culture that anyone trying to jaywalk on one of its streets or throw trash in the wrong recycling bin is quick to find out,” she writes. “Why then the different standard at play […]
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Second Former Unaoil Manager Sentenced in U.K. Bribery Case

Stephen Whiteley, a former Iraq territory manager for Unaoil Group, has been sentenced in the United Kingdom to three years in prison following a conviction for conspiracy to give corrupt payments to secure a contract. He plans to appeal. The Serious Fraud Office charged Whiteley in 2017, alleging he played a role in paying more […]
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UK Fraud Office Charges Former Airbus Subsidiary over Saudi Contract

Former Airbus subsidiary GPT Special Project Management will face trial on UK corruption charges over contracts with the Saudi Arabian National Guard that date back more than a decade. Former MD Jeffrey Cook and former CFO John Mason have also been charged with corruption. Airbus says this case will not affect a “deferred prosecution agreement” […]
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Three Cheers for Coordinated Enforcement Actions. But are They Only for Western Countries?

Chijioke Chijioke-Oforji of Liverpool John Moores University notes an increase in coordinated multi-jurisdictional settlements in incidents of corporate crime, in which agencies from multiple countries agree to cooperate, often using common corrective measures. One example is the recent settlement between Airbus, the U.S. Department of Justice, the UK Serious Fraud Office, and France’s Parquet National […]
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SFO to Review Its Conduct in Unaoil Bribery Case

The U.K.’s Serious Fraud Office said it would review its conduct in the prosecution of individuals in a Unaoil Group bribery case after a judge questioned the nature of communication between a private investigator and the agency. Ziad Akle is one of two former Unaoil managers found guilty in a scheme to secure contracts in […]
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UK Enforcement: Two Former Unaoil Execs Convicted of Iraq Bribes

Two out of three defendants that the UK’s Serious Fraud Office prosecuted for corruption in the Unaoil case were found guilty by the jury. Former Iraq territory manager Ziad Akle was convicted on two counts of conspiracy to make corrupt payments to an Iraqi official. Former general territories manager Stephen Whitely was found guilty of […]
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