The International Anti-Corruption Academy’s Wittgenstein Villa reminds us to use our time and freedom well. I’m thinking about Siemens (which helps fund the IACA). And I am wondering if an historic reckoning for Wal-Mart could have positive consequences for all compliance officers and the global public.… Continue Reading
As first reported last week by Sam Rubenfeld of the Wall Street Journal, the SEC dropped internal controls charges in a civil FCPA action against a current and a former executive at Noble Corporation in order to “streamline the presentation” of the case.… Continue Reading
Chinese authorities have seized assets worth at least $14.5 billion from retired domestic security chief Zhou Yongkang as part of a wide-ranging corruption investigation.
I do not subscribe to the gloomy prognostications of the relentlessly hostile judiciary and media when it comes to their rebukes of the UK’s Serious Fraud Office.
California state senator Leland Yee was arrested Wednesday and indicted on federal charges of taking bribes in exchange for political favors and conspiring to traffic in firearms without a license.… Continue Reading
Zhang Yinghuan, former deputy mayor of Sanmenxia city in Henan Province, was sentenced to 14 years in prison for taking bribes of over $1.15 million. Zhang was convicted of accepting 72 bribes including cash and property in return to favor bribe-givers in contract awarding, land-use and job promotion.… Continue Reading
Discipline authorities in north-central China’s Shanxi province have launched an investigation into a subsidiary of China Coal Energy Company Limited, following allegations it offered gifts and cash worth 1.63 million yuan ($263,098) to local government officials during the Mid-Autumn Festival last year.… Continue Reading
We’re trying to understand what happens in the world when some countries seek to deter foreign bribery by enforcing FCPA-type laws and some do not.… Continue Reading
For the third time, an Organisation for Economic Co-operation and Development’s Phase 3 working group has reported that a country and party to the OECD’s anti-corruption convention has failed to bring a single foreign bribery case to trial.… Continue Reading