The Organized Crime and Corruption Reporting Project (OCCRP) acknowledges each year the efforts of those who make our world a more crime and corruption-plagued place to live.
The nonprofit group that supports investigative reporters had countless candidates to choose from while sifting through the year’s instances of fraud, bribery, money laundering, human trafficking, drug smuggling, hacking and other nefarious activities.… Continue Reading
Here’s the full FCPA disclosure from the Form 10-K filed by the Hewlett-Packard Company with the SEC on December 27:
The German Public Prosecutor’s Office (“German PPO”) has been conducting an investigation into allegations that current and former employees of HP engaged in bribery, embezzlement and tax evasion relating to a transaction between Hewlett-Packard ISE GmbH in Germany, a former subsidiary of HP, and the General Prosecutor’s Office of the Russian Federation.… Continue Reading
An Uzbek dissident occupying the $20-million Geneva mansion of Gulnara Karimova claims to have found more than 60 20th-century paintings pilfered from Uzbekistan’s state art museums.… Continue Reading
Seventeen people — eight current and nine former managers of Siemens AG — were accused Friday of bribing officials to help win a contract to produce national identity cards while Carlos Menem was president of Argentina in the late 1990s.… Continue Reading
Last Thursday, the Financial Industry Regulatory Authority (FINRA) fined Barclays Capital Inc. $3.75 million for failing to preserve electronic records and certain emails and instant messages for at least a decade.… Continue Reading
On December 19, the Justice Department published FCPA Opinion Procedure Release No. 13-01, ruling that a law firm partner could pay some medical expenses of foreign official’s daughter.
The lawyer’s firm billed the foreign country over $2 million for the past 18 months, and expects to bill the same amount in 2014.… Continue Reading
Reports that the UK Government is considering reviewing the Bribery Act’s approach to facilitation payments have been the subject of much controversy in the past few months. Beyond the geographical confines of the UK, the project should trigger a bigger discussion on the lack of harmonized standards on facilitation payments among OECD countries.… Continue Reading