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Marc Alain Bohn Contributing Editor

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Shruti J. Shah Contributing Editor

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Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

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Entries in Singapore (78)

Monday
Dec052016

Former Navy contracting supervisor jailed six years in bribes-for-secrets case

A former high-level civilian employee for the U.S. Navy was sentenced to 72 months in prison Friday for taking bribes from a defense contractor based in Singapore.

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Monday
Dec052016

Singapore to ban ex-Goldman Sachs banker who handled 1MDB bond business

Singapore authorities are banning the former director of Goldman Sachs in Singapore for ten years for his role in the 1MDB scandal.

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Friday
Nov042016

Ex-BSI bankers allegedly set up $2.3 billion deal with 1MDB

Prosecutors in the Singapore trial of a former BSI banker said this week the defendant and other former employees of the Swiss bank helped launder up to $2.3 billion looted from the Malaysia sovereign wealth fund 1MDB.

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Thursday
Nov032016

Two Singapore execs extradited in Fat Leonard case

Two former executives of a Singapore-based defense contractor have been extradited to the United States in the massive bribes-for-secrets scandal that has rocked the U.S. Navy's Pacific Command.

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Friday
Oct142016

Navy officer pleads guilty in Fat Leonard case

A U.S. Navy lieutenant commander pleaded guilty Thursday to a federal bribery charge for taking cash, luxury hotel stays, and prostitutes from a foreign defense contractor in exchange for proprietary Navy information.

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Friday
Oct072016

Singapore rig builder calls Brazil payments ‘suspicious’

Keppel Corporation said certain payments made by an agent in connection with Petrobras contracts may have been "suspicious." 

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Wednesday
Sep282016

Singapore: Strong AML laws, weak enforcement

Singapore demonstrates a strong anti-money laundering and counter financing of terrorism (AML/CFT) legislative framework but despite this, it shows significant weaknesses in its effective implementation, according to a recent review by the Financial Action Task Force

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Friday
Aug122016

At Singapore's Keppel Corp, did the C-suite approve big bribes?

A former Keppel Corporation agent has reportedly accused the company's executives of authorizing him to pay bribes to Brazil officials in an effort to win Petrobras contracts. 

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Friday
Jul222016

Shah and Grant: How to steal billions

From 2009 to at least 2013, private individuals were allegedly able to siphon off more than $3.5 billion from the wealth fund of Malaysia and go on a high-end luxury shopping spree in several countries including the United States, the United Kingdom and Switzerland for property, museum-quality art and a private jet. 

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Thursday
Jul212016

Singapore seizes $177 million linked to 1MDB, cites AML lapses at UBS, Stanchart, DBS and Falcon

Singapore said Thursday it has seized property and bank accounts linked to money allegedly diverted from Malaysia's sovereign wealth fund, 1Malaysia Development Berhad.

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Wednesday
Jul202016

What did the alleged 1MDB looters buy with $1 billion? Here's the list

The DOJ alleged in a civil forfeiture complaint Wednesday that officials at Malaysia's sovereign wealth fund 1MDB and the step son of the Malaysia prime minister diverted more than $3.5 billion from the fund.

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Friday
Jun242016

DoD civilian employee pleads guilty to bribery in Fat Leonard case

A former Department of Defense (DoD) senior contracting official pleaded guilty Thursday to taking bribes from Leonard Glenn Francis -- also known as Fat Leonard -- the owner of Singapore-based Glenn Defense Marine Asia.

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