The danger of litigating, at least to trial, on the back of criminal conduct giving rise to guilty pleas and convictions both under the FCPA and similar English legislation was illustrated in the recent case of Jalal Bezee Mejel Al-Gaood v Innospec Ltd.
Entries in Indonesia (112)
FCPA enforcement has waxed and waned during Eric Holder's six-year tenure as U.S. Attorney General. But that's not the whole picture. During the same time, global anti-corruption enforcement has picked up speed and is more robust today than ever. Enforcement actions are breaking out all over -- from Japan to Canada, from the UK, Italy, France and Germany to Australia, and across Scandinavia to Africa and South America. The enforcement world is now a different place.
The former chairman of Indonesia's ruling party was jailed for eight years Wednesday for takingn up to $15 million in bribes to create a political slush fund.
The court of appeal Friday upheld UK convictions against two defendants, Dennis Kerrison and Miltiades Papachristos, in the long-running Innospec bribery case.
The trial of a UK subsidiary of Paris-based Alstom started Tuesday, with the Serious Fraud Office alleging in filings that the company paid $8.5 million in bribes for contracts in India, Poland, and Tunisia.
The director of the UK Serious Fraud Office said the agency is close to making more arrests in its bribery investigation of jet engine maker Rolls-Royce Holdings Plc.
Pete from DC, a compliance professional who's always been a good friend of the FCPA Blog, sent this comment to our post about Indonesia's cash-based economy. The post said in the country of 240 million people, a large majority don't have bank accounts, and even some big businesses rely entirely on cash.
Wikileaks Tuesday released what it said is "an unprecedented Australian censorship order concerning a multi-million dollar corruption case explicitly naming the current and past heads of state of Indonesia, Malaysia and Vietnam, their relatives and other senior officials."
Smith & Wesson Holding Corporation agreed Monday in an out-of-court settlement with the Securities and Exchange Commission to pay $2 million to resolve Foreign Corrupt Practices Act offenses.
A former senior executive of a subsidiary of Alstom SA, the French power and transportation company, pleaded guilty Thursday to conspiracy to violate the FCPA.