A correspondent sent word from Russia about Alexey Navalny — a lawyer, political activist, and popular blogger who campaigns against corruption inside Russian state-controlled companies.
He invests in the companies, attends their shareholder meetings, and never follows the script.… Continue Reading
In one of the biggest Foreign Corrupt Practices Act settlements of all time, Paris-based Alcatel-Lucent S.A. will pay $137 million for bribing officials in Costa Rica, Honduras, Malaysia, and Taiwan.
The company and three subsidiaries will pay $92 million to resolve criminal charges with the DOJ and $45 million in disgorgement to the SEC.… Continue Reading
The best part of what we do here is working with people from every corner of the compliance community. This past year, for example, our bylined contributors — all experts in their fields — brought new ideas, solid scholarship, and a fresh perspective about the Foreign Corrupt Practices Act and its enforcement.… Continue Reading
A judge in London today adjourned sentencing of BAE under its plea deal with the Serious Fraud Office until tomorrow — “after hearing submissions and argument about the nature” of certain payments by BAE in Africa, according to an updated report in thebriberyact.com… Continue Reading
By Jeffrey M. Kaplan
For FCPA practitioners and the companies they advise, one of the good news stories of 2010 is that the Justice Department has finally begun to take a more public approach to providing credit in enforcement decisions for companies that had a good compliance program at the time of their offense, i.e.,… Continue Reading