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
As part of its $398 million settlement Wednesday, Total S.A. agreed with the SEC to disgorge $153 million of profit made from its bribery in Iran. That’s the third biggest disgorgement in FCPA history.… Continue Reading
The FCPA Blog and ethiXbase Monitor invite you to take part in a brand-new survey about anti-corruption compliance methods used by MNCs in China.
Not to worry – all responses will be kept completely anonymous.… Continue Reading
Shuanghui International’s acquisition of Smithfield is certainly interesting. I would like to pose a possible theory on why the Chinese selected this company.
In 2011 Trust Across America was somewhat surprised when Smithfield rose to the top of our “Most Trustworthy Companies” research via our FACTS Framework.… Continue Reading
‘With the passage of centuries, whole cultures of malfeasance came and went, bringing with them innovative approaches to influence-peddling. The Ming dynasty of China saw the proliferation of so-called “elegant bribery,” through which gifts of artwork, snuff bottles, and sumptuous calligraphy came to adorn the homes of the freshly greased.… Continue Reading
If it goes through, Shuanghui International’s $4.7 billion bid to take over Smithfield Food Inc., the U.S.’s leading pork producer, would be the biggest-ever acquisition of a U.S. firm by a Chinese company.… Continue Reading
With its $398 million enforcement action Wednesday, Total S.A. has landed fourth on our list of the Top 10 FCPA cases of all time.
Nine of the biggest cases involve non-U.S.… Continue Reading
In the fourth biggest FCPA case ever, French oil giant Total S.A. agreed Wednesday to pay $398 million in penalties and disgorgement for bribing an Iran official to gain access to oil and gas fields.… Continue Reading
According to China’s anti-corruption man of the hour, journalist Luo Changping economic reforms won’t be enough to curb the country’s corruption pandemic.
His new book examines 120 corruption cases involving high-profile Chinese officials.… Continue Reading
The former head of a Montreal hospital was arrested in Panama Monday on an Interpol warrant charging him with fraud.
Arthur Porter is suspected of taking kickbacks from Canadian engineering giant SNC-Lavalin, according to a report by AFP.… Continue Reading
David Barstow of the New York Times described to Democracy Now how Wal-Mart de Mexico allegedly used massive corruption to win approvals for new stores, and how top executives at Wal-Mart’s headquarters in Bentonville, Arkansas learned about the brazen graft but covered it up.… Continue Reading
The long-time leader of Malaysia’s largest state who was featured in undercover footage shot by NGO Global Witness may be one of Asia’s richest people.
Chief Minister Abdul Taib Mahmud, 77, has earned a modest government salary as Sarawak’s ruler for more than thirty years.… Continue Reading
A French court has decided not to formally investigate IMF chief Christine Lagarde over her role in a controversial payoff while she was finance minister but did name her as a key witness in the continuing probe.… Continue Reading