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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Singapore (96)

Tuesday
Aug222017

OFAC adds Singapore companies, others to North Korea sanctions list

The U.S. Treasury Department's Office of Foreign Assets Control Tuesday put more entities and individuals from China, Russia, Singapore and Namibia on the North Korea sanctions list.

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Monday
Aug212017

Captain pleads guilty in Navy's ‘worst-ever fraud and bribery scandal’

A U.S. Navy captain admitted being bribed with parties and prostitutes while sneaking proprietary information to foreign defense contractor Leonard Glenn Francis and his Singapore-based firm, Glenn Defense Marine Asia.

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Wednesday
Aug162017

Navy commander guilty of obstructing Fat Leonard investigation

An active-duty U.S. Navy commander pleaded guilty Tuesday for helping a Singapore-based defense contractor cheat the Navy and obstructing a federal criminal investigation into the overbilling fraud.

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Monday
Aug142017

U.S. jails two Singaporeans for Fat Leonard fraud

Two former executives of a Singapore-based defense contractor were sentenced to prison Friday for helping their employer in a $35 million fraud against the U.S. Navy.

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Tuesday
Aug012017

Compliance Alert: Lessons from OFAC’s recent enforcement action against non-U.S. companies

Last week the U.S. Treasury Department’s Office of Foreign Assets Control announced a $12 million settlement with CSE Global Limited and its subsidiary, CSE TransTel Pte. Ltd., both based in Singapore.

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Thursday
Jul272017

OFAC fines Singapore firm $12 million for Iran sanction violations

The subsidiary of a technology company that trades on the Singapore stock exchange paid $12 million in fines Thursday to the U.S. Treasury Department's Office of Foreign Assets Control for violating trade sanctions against Iran.

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Friday
Jul212017

Andy Spalding on Bhutan: An anti-corruption movement like no other

Bhutan -- the tiny Himalayan kingdom nestled between China and India -- now writes an anti-corruption story unlike any I have seen, and in the best of ways. 

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Thursday
Jun292017

Former fighter pilot faces military charges for Fat Leonard bribes

Cmdr. David Morales in 2015. US Navy PhotoIn the first prosecution by the military related to the massive Glenn Defense Marine Asia scandal, a former F/A-18 Hornet pilot faced a preliminary hearing Monday.

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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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Wednesday
May312017

Singapore fines Credit Suisse, UOB for 1MDB-related offenses

Singapore's central bank Tuesday fined Credit Suisse and United Overseas Bank for breaching anti-money laundering rules in connection with Malaysian sovereign wealth fund 1Malaysia Development Berhad.

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Thursday
May182017

Admiral jailed 18 months for lying about Fat Leonard

U.S. Navy Rear Admiral Robert Gilbeau was sentenced to 18 months in prison Wednesday for lying about his 20-year relationship with Leonard Glenn Francis, the owner of the foreign defense contractor at the center of a massive bribery and fraud scandal.

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Thursday
May112017

Microsoft and Wal-Mart seek ISO 37001 Anti-Bribery Certification

Wal-Mart's Executive Vice President and Global Chief Ethics and Compliance Officer told the Thomson Reuters Financial and Risk Summit that his company is seeking ISO 37001 certification.

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