Mike Koehler had a fascinating post on his FCPA Professor blog today. He did the math and found that in seventy-one percent of the FCPA enforcement actions against corporations since 2005, the DOJ didn’t charge any employees.… Continue Reading
Bridgestone Corporation will plead guilty and pay a $28 million criminal fine for its role in conspiracies to rig bids and bribe foreign officials, the DOJ said today.
Tokyo-based Bridgestone was charged in a two-count criminal information filed in federal court in Houston. … Continue Reading
Reporters Bruce Alpert and Jonathan Tilove at the New Orleans Times-Picayune found a WikiLeaks cable with a tie to ex-Congressman William Jefferson’s prosecution for bribery and FCPA-related offenses.
The internal State Department assessment from 2005 said Nigeria’s ‘then-president, Olusegun Obasanjo, was hoping the FBI would get the dirt on Vice President Atiku Abubakar and his wife, Jennifer Douglas, as part of its probe of Jefferson, thereby derailing Abubakar’s expected run for president,’ according to the Times-Picayune story.… Continue Reading
The four Africa sting defendants who ended up in a mistrial are asking the judge to acquit them on the FCPA conspiracy count.
Andrew Bigelow, Pankesh Patel, John Benson Wier III, and Lee Allen Tolleson argued that the evidence against them was “insufficient to sustain a conviction as to the charged FCPA conspiracy.”… Continue Reading