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
SEC headquarters in Washington, D.C. Blowing the whistle to the SEC on FCPA violations by public companies can make you rich. Really rich. Rewards can be ten to thirty percent of amounts recovered.… Continue Reading
During its billion-dollar internal investigation, Siemens discovered and documented 4,283 illegal payments related to 332 projects around the world. The total value of bribes paid was at least $1.4 billion, resulting in fines and penalties in the U.S.… Continue Reading
Eva Joly, a Norwegian-born former French magistrate, is running for the French presidency under the Green Party banner.
She became famous across Europe for being a fearless anti-corruption campaigner, even taking on former minister Bernard Tapie and Crédit Lyonnais bank.… Continue Reading
When Kyle Sheahen wrote in this space about how useless the FCPA’s two affirmative defenses are, he kicked up a storm, especially about promotional expenses. Some readers agreed and others didn’t (here and here).… Continue Reading
Slovakia’s Prime Minister Iveta RadičováSlovakia’s new prime minister, Iveta Radičová, has ordered all proposed state contracts to be posted online to increase transparency and reduce corruption.
Radičová, 54, became prime minister last month as head of a four-party coalition.… Continue Reading
German police last Thursday raided a global pipeline-equipment supplier on suspicion of bribing foreign officials to win work.
The raid came two weeks after Eginhard Vietz, 69, the owner and managing director of Hanover-based Vietz GmbH, gave an interview to the German business newspaper Handelsblatt.… Continue Reading
The battle at China North East Petroleum is about the FCPA and whether the company bribed Chinese officials. The escalating fight led to the loud exit two weeks ago of an American director who chaired the board’s audit committee.… Continue Reading
A new report from Human Rights Watch, Everyone’s in on the Game, describes the enormous challenges police face every day in Nigeria. Despite that, many officers serve with honesty and full merit, it says.… Continue Reading
A report this week from Nigeria said FCPA fugitive James “Ken” Tillery has been seized by the FBI in Lagos and is being held by American authorities. But another report on Wednesday said the Nigerian high court had halted the extradition at least until the end of the month because due process wasn’t followed.… Continue Reading
By Thomas Fox
I want to thank Kyle Sheahen for his recent post and paper arguing that the promotional expenses defense under the FCPA is illusory. His work has stimulated a useful debate.… Continue Reading
On Monday, Kyle Sheahen told us how useless the FCPA’s two affirmative defenses are. He suggested that Congress fix the local-law and promotional-expenses defenses.
But at least two readers, one from the private sector and another from the DOJ (apparently), dissented.… Continue Reading
In its quarterly report released August 9, SciClone Pharmaceuticals, Inc. said it received an SEC subpoena and a letter from the DOJ investigating the “sale, licensing and marketing of its products in foreign countries, including China.”… Continue Reading
