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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 South Africa (29)

Monday
Jul312017

Double declination ends Net1 FCPA probe

Net 1 UEPS Technologies said in a securities filing Thursday that the DOJ has closed its investigation of possible violations of the Foreign Corrupt Practices Act.

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Wednesday
May112016

UK Enforcement: Former banknote company exec convicted of overseas bribery

Image courtesy of Innovia SecurityA former manager of a polymer banknote manufacturer was convicted Wednesday of four counts of making corrupt payments to a foreign official.

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Friday
Feb052016

Bill Waite on tone at the top: Jacob Zuma's $23 million home improvement project

Four years after renovations to his Nkandla homestead were completed, South Africa President Jacob Zuma has finally agreed to pick up the tab -- or some of it at least.

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Monday
Jan042016

Fox's top five SEC actions in 2015 (with Tom's practice hints)

2015 continued the trend of FCPA enforcement actions brought by the SEC with no parallel DOJ enforcement action. As you might expect, these SEC enforcement actions turned on violations of the FCPA accounting provision, either the books and records or the internal controls provisions.

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Monday
Sep282015

Hitachi pays $19 million in FCPA settlement for South Africa bribes

The Securities and Exchange Commission Monday charged Tokyo-based conglomerate Hitachi, Ltd. with violating the Foreign Corrupt Practices Act when it inaccurately recorded improper payments to South Africa’s ruling political party in connection with contracts to build two multi-billion dollar power plants.

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Tuesday
Sep152015

Attorney General Lynch: New evidence and more charges in FIFA graft case

U.S. Attorney General Loretta Lynch said Monday the investigation into graft at FIFA has expanded and she anticipates "pursuing additional charges against individuals and entities."

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Wednesday
Jun242015

SEC declination for South Africa's Gold Fields

South African miner Gold Fields Ltd. issued a statement Monday saying the SEC closed its FCPA investigation and won't recommend an enforcement action against the company.

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Thursday
Jun112015

SEC declination for South Africa's Net1

Net 1 UEPS Technologies said in a securities filing Monday that the SEC isn't recommending an enforcement action after investigating possible violations of the Foreign Corrupt Practices Act.

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Monday
Apr062015

Bombardier investigated for ‘secret’ South Africa payment

The public corruption watchdog in South Africa is investigating a secret $5 million payment by a Canadian company to a middleman who describes himself as an "influential individual in political circles."

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Wednesday
Nov122014

Feds seek forfeiture of bribe money paid to former Chad ambassador

Former Chad ambassador to the U.S. and Canada, Mahamoud Adam BechirThe Justice Department filed a civil forfeiture complaint seeking $106,488.31 allegedly traceable to a $2 million bribe by a Canadian energy company to Chad’s former ambassador to the United States and Canada and his wife.

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Wednesday
Oct222014

South Africa graft fighter wins TI Integrity Award

Transparency International said Friday that Thuli Madonsela of South Africa was selected as the winner of the anti-corruption group’s Integrity Award for 2014.

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Monday
May122014

SEC asks Quanta Services to preserve FCPA-related documents

The Securities and Exchange Commission asked Quanta Services Inc. to preserve documents tied to its Foreign Corrupt Practices Act compliance program, the company said in a securities filing Thursday.

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