News and commentary about white-collar crime, enforcement, and compliance
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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Former Beijing Yanqing County Department of Transportation Director Wang Xinliang was sentenced to 17 years in prison by the Beijing Yanqing County People’s Court for taking bribes of 900,000 yuan (US$140,940).… Continue Reading
Now that we have firmly established that neither suspension nor debarment may be used to “punish” contractors, let’s go over the mechanics of FAR 9.4.
Suspension permits an agency suspension or debarment official (“SDO”) to temporarily exclude a contractor from the procurement system based on “adequate evidence” of a violation of the offenses listed at FAR 9.407-2 (such as bribery). … Continue Reading
Here’s what the U.S. Commerce Department said about corruption in Myanmar in a 2012 publication called ‘Doing Business in Burma’ (Burma is the old name for the country).
It’s a bleak assessment:
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Corruption is endemic in Burma.… Continue Reading
From the China Compliance Digest (Issue No. 20: June 18, 2012):
Four-year-old Xie Junqiang of Gungshang County (Henan Province) died in an ambulance after the driver stopped the vehicle to solicit 1,200 yuan (US $188) from the child’s parents.… Continue Reading
On Tuesday, G20 leaders released their communiqué following the G20 summit in Los Cabos, Mexico. The leaders have extended the mandate of the Anti-Corruption Working Group by two years, through the end of 2014.… Continue Reading
From the China Compliance Digest (Issue No. 19: June 11, 2012):
According to the Chinese media, corruption in the Inner Mongolia coal industry brought down the region’s former Party secretary Liu Zhuozhi, who was recently tried for accepting bribes totaling 8.7 million yuan (US $1.36 million).… Continue Reading
An op-ed piece in the Jakarta Post this week complained about men and women accused of corruption suddenly donning haj caps, head scarves, and Muslim shirts — powerful religious symbols in Indonesia.… Continue Reading
Africa’s youngest nation, the Republic of Southern Sudan, has lost more than $4 billion due to public sector corruption.
The country’s first and current president, Salva Kiir, sent a letter to 75 current and former government officials, accusing them of embezzling the money from state coffers.… Continue Reading
By late 2010, the campaign to weaken the FCPA looked like it might succeed.
During a hearing of the Senate Judiciary Committee in November that year, Senator Amy Klobuchar (D-MN) said she’d heard from company lawyers and executives who ‘can’t sleep at night’ because of uncertainty about FCPA enforcement.… Continue Reading
Nigeria is struggling to make sense of a report that says high-level officials and business people stole $6.8 billion in public funds intended to subsidize the cost of fuel. At the same time, the lawmaker that spearheaded the report is accused of accepting a bribe from an oil company and is under investigation.… Continue Reading
As reported last Friday by the FCPA Professor, Manual Salvoch, the former CFO of LatiNode charged in connection with payments to Hondutel, was sentenced earlier this month to ten months in prison and three years of supervised release.… Continue Reading
On the occasion of Roger Clemens’ acquittal Monday for perjury, Nathan Vardi of Forbes catalogued failed white collar prosecutions he said evidenced the DOJ’s abuse of ‘prosecutorial discretion’ and lack of ‘good judgment.’… Continue Reading