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
James B. Stewart, left, arguably America’s finest business writer, has looked at the Tyson FCPA case for the New York Times. And he’s asked some tough questions about enforcement.
In February, Tyson Foods settled FCPA violations with the DOJ and SEC for $5.2 million.… Continue Reading
Anti-corruption laws are breaking out all over.
In a few days, the U.K. Bribery Act will be a reality. Other countries, prodded by the OECD and U.S., are criminalizing overseas public bribery.… Continue Reading
Hughes Hubbard’s annual FCPA reviews are new kids on the block. But we don’t know a better source for FCPA and compliance-related information.
Last year’s version, we said, was both a quick desk reference and — at 241 pages — an authoritative collection of FCPA resources.… Continue Reading
Lawyers for Lindsey Manufacturing and two of its executives discovered yesterday that the government failed to turn over a grand jury transcript containing testimony of FBI agent Susan Guernsey.
She was the FBI case agent whose grand jury testimony was the basis of the pending motion to dismiss the indictment for government misconduct, due to what the defense asserts was her false and misleading grand jury testimony.… Continue Reading
The first shot-show defendants to be tried in federal court in Washington, D.C. are now waiting for the jury to return its verdict. Their trial opened on May 16.
They were charged in a 44-count superceding indictment with conspiracy to violate the FCPA, violating the FCPA, conspiracy to commit money laundering, and aiding and abetting.… Continue Reading
Niko Resources, a publicly traded oil and gas company based in Calgary, was fined C$9.5 million (US$9.7 million) after pleading guilty to bribing a Bangladeshi minister.
It was the first plea deal struck by a corporate defendant under Canada’s overseas antibribery law — the Corruption of Foreign Public Officials Act (CFPOA).… Continue Reading
Hungary’s Magyar Telekom has reserved about $62 million for an expected settlement of FCPA-related charges with the SEC, according to reports by Reuters and others.
The company’s internal investigation found potentially illegal payments of about $44 million by its Montenegrin or Macedonian units.… Continue Reading
By Jeffrey M. Kaplan and Rebecca Walker
For a variety of reasons, requiring training of agents and other third-party business representatives is among the most challenging aspects of having an anti-corruption compliance program.… Continue Reading
A friend wrote:
… Continue ReadingHere is another sad chapter in the Siemens saga. It’s a reminder to me of the unequal enforcement (or lack thereof) between the various jurisdictions.
I wonder if the people paying the bribes thought about the death penalty when they secretly met at coffee shops .
Can a corporation be criminally responsible under the FCPA’s anti-bribery provisions for payments it doesn’t know about? It sounds strange but the question comes up in a common scenario.
An employee pays bribes out of his or her own pocket to get more business for the company.… Continue Reading
Here’s some simple wisdom that applies to a congressman with an overactive camera thing, or to anyone thinking up convoluted ways to bribe foreign officials.
It’s from John Harris and Erika Lovley of Politico:
“It was Weiner’s misfortune to be something of an innovator in the realm of sexual scandal.… Continue Reading
In his testimony last week before the House committee investigating the FCPA, former U.S. Attorney General Michael Mukasey (left) proposed improving the procedures for federal guidance and advisory opinions. He said the current practice is inadequate and little used. … Continue Reading
