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Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

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Richard Bistrong Contributing Editor 

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FCPA Blog Daily News

Entries in Kleptocracy Asset Recovery Initiative (28)

Thursday
Jun222017

Teddy Obiang on trial in Paris for embezzlement

The son of Equatorial Guinea's president went on trial this week in France for embezzling more than $112 million from his country's treasury.

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Thursday
Jun152017

1MDB: DOJ forfeiture complaints now target $1.7 billion

The Justice Department filed civil forfeiture complaints Thursday against $540 million in assets allegedly bought with money looted from a Malaysian sovereign wealth fund.

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Thursday
Oct202016

Queler and Won: Do bribe takers walk?

It is a somewhat common refrain that while corporate executives and companies pressured into paying bribes overseas face prosecution under the FCPA, the foreign officials who solicit, demand, and even extort the bribes go scot-free. As with many refrains, however, the reality is more complex. 

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Wednesday
Jul202016

DOJ seeks forfeiture of $1 billion linked to Malaysia state fund

The DOJ filed a civil forfeiture complaint Wednesday against assets allegedly bought with money looted from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad.

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Friday
May062016

White House acts to end secret U.S. companies and hidden foreign ownership

Official White House Photo by Pete SouzaThe Obama Administration Thursday announced a series of actions to end the use of anonymous corporations in the United States and require disclosure of beneficial owners when foreigners deposit money or buy assets in this country.

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Tuesday
Apr262016

Paul Pelletier on the Search for Mr. Goodboss: Who Should be the Next FCPA Chief?

The recent announcement that DOJ is taking applications for the newly vacated FCPA Chief position provides a timely opportunity to reflect on the history, growth and direction of the Unit as well as a chance to consider the unique game-changing possibilities that await an accomplished selectee.

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Tuesday
Mar222016

Martin Kenney: Kleptocracy stinks. The DOJ fights back ‘with impact’

It is repellent to read how a tiny African country like Equatorial Guinea has been systematically plundered. For the culprit to be a member of the ruling family only adds weight to the wrong.

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Tuesday
Nov102015

DOJ returns $1 million in forfeited bribe money to South Korea

Former South Korea President Chun Doo HwanThe Department of Justice returned $1.1 million in forfeited assets to the government of the Republic of Korea Monday. 

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Wednesday
Jul152015

DOJ seizing $12 million stolen from Philippine disaster relief funds

The Department of Justice filed a civil forfeiture complaint Tuesday to recover $12.5 million in U.S. assets linked to a massive disaster relief fraud orchestrated by a prominent Philippines businesswoman who's now serving life in prison.

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Tuesday
Jun302015

DOJ seeks forfeiture of $34 million in bribes from Canada company to Chad diplomats

The DOJ filed a complaint Tuesday for the civil forfeiture of $34 million -- the value of shares in a Canadian energy company used to bribe Chad’s former ambassador to the United States and Canada to influence the award of oil development rights.

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Thursday
Mar052015

South Korea kleptocrat (and former president) forfeits $1 million to DOJ

The Department of Justice said Wednesday it settled a civil forfeiture case against $1.1 million in assets traceable to bribes taken by Chun Doo Hwan, the former president of South Korea. 

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Wednesday
Feb112015

Compliance officers take note: White House affirms anti-graft priorities

President Barack Obama issued a National Security Strategy Friday, the first one since 2010 and only the second from his administration.

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