Two influential U.S. Congressmen have asked Wal-Mart CEO Michael Duke if he and other senior executives at the company knew about bribery allegations in its Mexico operations as early as 2005.
Editors
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
Declination for Deere
The FCPA Blog
January 11, 2013
Illinois-based Deere & Company said Thursday the SEC won’t bring an FCPA action following an investigation into alleged payments to foreign officials in Russia and surrounding countries.
The SEC inquiry was first reported in August 2011.… Continue Reading
China Corruption Blotter (January 11, 2013)
Chua Guan Cheong
January 11, 2013
Guo Wen, a village official from Beijing Fengtai District, was sentenced to nine years for dereliction of duty and embezzling $607,620 in demolition compensation in 2007 from the Fengtai government while he served as village Party branch secretary.… Continue Reading
Outside lawyer to lead Rolls Royce bribery probe
Richard L. Cassin
January 11, 2013
Rolls-Royce appointed an outside lawyer to investigate allegations of overseas bribery in China and Indonesia.
David Gold, described by Reuters as ‘a Conservative life peer in Britain’s House of Lords,’ was formerly a member of the London-based law firm Herbert Smith.… Continue Reading
Congressmen: Documents show Wal-Mart CEO and execs told about Mexico bribe allegations in 2005
The FCPA Blog
January 10, 2013
Introducing FCPA Jobs
FCPA Jobs
January 10, 2013
We’re proud to announce the beta launch of our brand-new jobs portal.
FCPA Jobs has a simple purpose: helping top professionals find the most desirable compliance jobs out there.
The site features opportunities for professionals focused on the Foreign Corrupt Practices Act, U.K.… Continue Reading
Differing views of corporate criminal liability complicate anti-graft fight
Philip Fitzgerald
January 10, 2013
The criminal liability of corporations is an essential part of the fight against foreign bribery. Yet not every legal system views this area of law in the same way, and not everyone agrees on the best approach.… Continue Reading
Bloggers expose China property cheats
Benjamin Kessler
January 10, 2013
Two more officials have joined the rapidly expanding ranks of civil servants who have some explaining to do about their family’s real-estate holdings.
Recent months have seen a spate of officials, dubbed “property uncles and aunties” by online wags, exposed to public outcry for somehow having amassed (in some cases) dozens of properties on a humble government salary.… Continue Reading
APIs drive new compliance solutions
Harry Cassin
January 10, 2013
When talking about enterprise solutions for any function, one question asked often is, “How does this work with our company’s existing software?” For enterprise systems to be seamless company wide, they have to talk to each other.… Continue Reading
That’s no bribe, it’s ransom money
Richard L. Cassin
January 9, 2013
Companies often face extortionate demands from foreign police, bureaucrats, and regulators, who threaten to hold, expel, or even harm employees if ransoms aren’t paid. And there have always been questions whether those involuntary payments can violate the FCPA.… Continue Reading
Details emerge of alleged Rolls-Royce China bribes
Benjamin Kessler
January 9, 2013
If allegations from a pseudonymous blogger are true, Rolls-Royce propelled itself into the Asian market with the help of payments passed to an executive of Air China and China Eastern Airlines.… Continue Reading
In Malaysia, Facebook use at work could be corruption
Richard L. Cassin
January 9, 2013
The Malaysia Anti-Corruption Commission said civil servants using Facebook or Twitter at work may face corruption charges.
According to local reports, MACC deputy chief commissioner Datuk Sutinah Sutan compared spending time on social media sites with unexcused absenteeism.… Continue Reading