There’s never been a cooperating witness in FCPA history quite like him. A former corporate top gun, a global player, a captain of industry who once led the dark side and now sits with the prosecution, helping nail industry giants and along the way putting more than a billion dollars — a billion dollars — into the U.S.… Continue Reading
The fourth member of the TSKJ consortium — JGC Corporation of Japan — and the only one that hasn’t settled Foreign Corrupt Practices Act charges with the U.S. government, disclosed in its latest annual report that it’s in talks with the DOJ “about a potential resolution” of FCPA-related charges.… Continue Reading
Anti-corruption NGO Integrity Watch Afghanistan said its latest survey shows that bribery in the country has doubled since 2007 and now costs Afghans about $1 billion a year.
One in seven Afghan adults pay bribes directly, and two thirds said their household was deprived of at least one public service due to corruption.… Continue Reading
Snamprogetti Netherlands B.V. and its parent company ENI S.p.A of Italy will pay $365 million to resolve FCPA-related charges for Snamprogetti’s role in the TSKJ-Nigeria joint venture.
Dutch-based Snamprogetti was charged by the DOJ in a criminal information with one count of conspiracy and one count of aiding and abetting violations of the FCPA.… Continue Reading