Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
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
The Wall Street Journal has an editorial in its November 28, 2007 edition about the U.S. Foreign Corrupt Practices Act and the world-wide battle against public corruption. “Global Cleansing” is available here (but the online WSJ is still by subscription only).… Continue Reading
Visitors to this blog — if they haven’t done so already — will want to read an outstanding article from the November 25, 2007 edition of the New York Times. It’s called “Payload: Taking Aim at Corporate Bribery.”… Continue Reading
BAE Systems is being investigated by the U.S. Department of Justice for possible violations of the Foreign Corrupt Practices Act. It allegedly paid £1 billion to Saudi Prince Bandar in return for his helping BAE sell 72 Typhoon jet fighters to Saudi Arabia.… Continue Reading
The U.K. and Saudi governments deny that any laws — including the U.S. Foreign Corrupt Practices Act — were broken. But questions persist about the £1 billion payment earlier this year by U.K.… Continue Reading
The online edition of Nigeria’s Business Day newspaper carried a story on November 19, 2007 that’s noteworthy. It’s about how corrupt multinationals are undermining the country’s economy. The story can be found here.… Continue Reading
The Big Show these days for followers of the U.S. Foreign Corrupt Practices Act is Siemens’ global bribery scandal. To wit, the print and online versions of the November 16, 2007 Wall Street Journal carried a brilliantly reported Page One story based on the fact statement compiled by the Munich public prosecutor (“Ruling Details Bribery Across the Globe”).… Continue Reading
Chevron Corporation resolved violations under the U.N. Oil-For-Food Program by entering into a non-prosecution agreement with the U.S. Department of Justice and separate agreements with the Office of Foreign Assets Control of the U.S.… Continue Reading
It Has Already Agreed to Toll the Statute of Limitations; Will Self-Reporting Lead to More Waivers of Legal Protections?
Aon Corporation — the world’s biggest insurance broker — disclosed on November 8, 2007 an internal investigation of possible violations of the U.S.… Continue Reading
€1.3 Billion In Questionable Payments Have Been Found; Investigations Involve Multiple Divisions and Countries; Oil-For-Food Program Is Also Involved
Siemens AG’s November 8, 2007 earnings release for Fiscal Year 2007 and a separate document called “Legal Proceedings” disclosed the most comprehensive information yet about corruption prosecutions and ongoing investigations involving the German industrial conglomerate.… Continue Reading
David Kay and Douglas Murphy bet their freedom on a high-risk and untested FCPA defense. Kay, the former vice president of American Rice, Inc. (ARI), and Murphy, the former president, never denied bribing officials in Haiti to reduce the company’s tax burden.… Continue Reading
Jason Edward Steph, 37, who once served as general manager of on-shore operations for a subsidiary of Willbros Group Inc., entered into a plea agreement with the U.S. Department of Justice on November 5, 2007.… Continue Reading
They Paid Bribes to Reduce Taxes in Haiti; The FCPA Gave Them Fair Warning, the Court says
The United States Court of Appeals for the Fifth Circuit affirmed on October 24, 2007 the criminal convictions of David Kay and Douglas Murphy for violating the antibribery provisions of the U.S.… Continue Reading
