People in Zimbabwe who can't afford small bribes often lose out on birth certificates and passports.
On Tuesday, October 9th, the World Bank will host a Colloquium on Suspension and Debarment, a tool used to "blacklist" non-responsible, corrupt or otherwise unqualified contractors.
During the quarter just ended, there were five corporate FCPA enforcement actions, one enforcement against an individual by the SEC, four criminal sentencings of individuals, and three and a half corporate declinations.
Here's what happened:
The SEC on Friday (September 28) filed a partially-settled civil injunctive action in federal court in Minnesota against Subramanian Krishnan, the former CFO of Digi International, Inc., alleging multiple offenses under the books and records and internal controls provisions of the FCPA.
Enforcement is a greater deterrent, in my opinion, if directed at both corporations and individuals.
In the run-up to Venezuela's presidential election, opposition candidate Henrique Capriles' aid and a National Assembly deputy, Juan Carlos Caldera, had to step down after a video was released showing him taking $9,300 from a blurry figure.
When the U.S. Supreme Court opens its new Term on Monday, the first case scheduled for oral argument is Kiobel v. Royal Dutch Petroleum.
The anti-corruption bureau of the Changping district procuratorate has begun to implement techniques for reading "micro-expressions" of corruption suspects during questioning.
The Government has proceeded to cut the budget of the Serious Fraud Office (SFO), the main enforcement agency, from £50 million in 2008/9 to below £30 million for 2013/14.
Company versus individual prosecution: which is effective in deterring overseas corruption? The answer is “both” and “neither.”