Assistant Attorney General Lanny Breuer (left) of the DOJ’s Criminal Division spoke today in Moscow at the 3rd Russia and Commonwealth of Independent States Summit on Anti-corruption.
- Russia’s corruption problem. On Transparency International’s 2010 Corruption Perceptions Index, Russia ranks tied for 154th out of 178 countries. Russia also ranks 22nd out of 22 countries on TI’s 2008 Bribe Payers Index, which periodically ranks top exporting countries according to how likely their firms are to pay bribes abroad.
- The U.S. enforcement record. The FCPA didn’t become a strong enforcement mechanism overnight. “Indeed, in the first decades immediately following the law’s enactment, many saw the FCPA as a slumbering statute.” In 2004, the DOJ charged two individuals under the FCPA and collected around $11 million in criminal fines. In 2005, it charged five individuals and collected around $16.5 million. By contrast, in 2009 and 2010 combined, the DOJ charged over 50 individuals and collected nearly $2 billion.
- Russia joins the international anti-corruption community. Russia has ratified the United Nations Convention against Corruption, a comprehensive anti-corruption pact that seeks to ensure that State Parties take steps to prevent corruption within their public and private sectors. In addition, U.S. and Russian law enforcement have been coordinating closely in international corruption investigations, including the DOJ’s FCPA investigation of Daimler AG and its Russian subsidiary.
- Russia’s FCPA? Last month, President Medvedev introduced antibribery legislation to the Duma. Last week the legislation passed its first reading there. If it becomes law, the president’s antibribery bill would significantly strengthen the law against corruption in Russia by, among other things, criminalizing foreign bribery, and increasing penalties for all forms of bribery. The law would support Russia’s bid to accede to the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. This week in Paris, the OECD Working Group on Bribery is debating Russia’s accession to the Convention.
The full text of Mr. Breuer’s speech can be viewed here.