Lists are fun and can be helpful. Here are some about FCPA enforcement that might come in handy:
Let us know if there are other FCPA-related lists you’d like to see.… Continue Reading
Testimony from the Los Angeles criminal trial of Lindsey Manufacturing, its CEO, CFO, and Mexican agent has raised questions about what an FBI agent told the grand jury that indicted the defendants. … Continue Reading
A Swiss federal criminal court last week acquitted a private banker in Zurich of bribery and money laundering charges growing out of his relationship with French firm Alstom SA.
According to a report Thursday by Gabriella Broggi in BusinessWeek, Oskar Holenweger was charged with taking bribes of CHF1 million ($1.1 million) to open 163 anonymous bank accounts that Alstom used to bribe foreign officials.… Continue Reading
Some of bribery’s victims are well known. For those living under a kleptocratic regime, the electricity doesn’t work, the water is dirty, police only protect those with money and power and harass the others, hospitals are full unless you can pay “extra,” kids don’t get new schoolbooks, and so on.… Continue Reading
Judge Matz today issued his written ruling on the meaning of “foreign official” in the FCPA trial going on now in Los Angeles.
He said the state-owned utility CFE is an “instrumentality” of the Mexican government, as the word is used in the FCPA, and its officers who allegedly received bribes are therefore “foreign officials” under the law.… Continue Reading