One of the most fundamentally (and frequently) misunderstood aspects of the FAR 9.4 suspension & debarment (S&D) regime is that S&D are only to be used for the purpose of protecting the Government, not to punish contractors for their past misconduct.… Continue Reading
Three Chinese executives were found guilty of bribery in Algeria and sentenced last week to ten years in prison in absentia.
According to a report on the French language news site Le Soir D’Algerie, ZTE’s Dong Tao and Chen Zhibo and Huawei’s Xiao Chuhfa were accused of paying bribes amounting to $10 million to a senior official working at state-owned Algérie Télécom, through offshore accounts in Luxembourg.… Continue Reading
David Edmonds, the former vice president of worldwide customer service at California-based Control Components Inc. (CCI), pleaded guilty Friday to violating the Foreign Corrupt Practices Act.
He’s the seventh former CCI executive to plead guilty to FCPA charges.… Continue Reading
Brazil-based Embraer S.A., the world’s third largest commercial aircraft manufacturer, updated its FCPA disclosure this week.
In its Form 6-K (Report of Foreign Private Issuer) filed with the SEC on June 11, Embraer said:
The Company received a subpoena from the SEC, which inquired about certain operations concerning sales of aircraft abroad.… Continue Reading
Purchase a subscription to ethiXbase by Friday, June 15th and receive a complimentary annual subscription to the China Compliance Digest (a US$1,250 value) for all licensees. The China Compliance Digest is available in both English and Mandarin language versions.… Continue Reading
Qi Chen, a student from the Chicago-Kent Law School, has updated some important numbers we first reported about two years ago.
Then and now he analyzed how many corporate enforcement actions since 2005 didn’t involve criminal or civil charges against any employees from the company.… Continue Reading