Russia’s State Duma is considering a bill to protect whistleblowers who report corruption by state officials to police or the media.
Beijing Xinghe City Property Management Co Ltd and Beijing Yizelong Property Management Co Ltd have been fined $16,279 each over bribery charges. The legal representative of the two companies, only identified as Bian, was sentenced to 2 years in jail for offering a property to Cui Aiguo, the former director of Civil Defense Bureau in Beijing’s Fengtai district, in exchange for the use of civil defense facilities.… Continue Reading
Bloomberg reported this week that an informed but unidentified and unauthorized person, presumably not the director, had revealed that the Serious Fraud Office was preparing to ask the UK’s Treasury to supplement its annual budget of $37 million by more than 50 per cent in connection with its investigation of market-rigging and bribery allegations.… Continue Reading
Bloomberg/BNA has just published Anti-Corruption Law and Compliance: Guide to the FCPA and Beyond by Kevin Abikoff, John Wood and Michael Huneke.
They’re lawyers at longtime FCPA Blog-sponsor Hughes Hubbard. Abikoff chairs the firm’s anti-corruption and internal investigations practice group.… Continue Reading
BHP Billiton is in discussions to resolve an investigation of potential Foreign Corrupt Practices Act violations that relate to the company’s sponsorship of the 2008 Beijing Olympics.
The world’s largest miner said in its annual report Thursday, “The issues relate primarily to matters in connection with previously terminated exploration and development efforts, as well as hospitality provided as part of the company’s sponsorship of the 2008 Beijing Olympics.”… Continue Reading
After three decades in the field, I realized at the SCCE tenth annual conference that something new is taking shape. Let’s call it the second generation of compliance.
Compliance 1.0 was an off-shoot of in-house legal work done mostly by lawyers.… Continue Reading
The former chairman of Indonesia’s ruling party was jailed for eight years Wednesday for takingn up to $15 million in bribes to create a political slush fund.… Continue Reading
A campaign manager was arrested Thursday and accused of paying for votes in the November 2012 school board election in Donna, Texas.
Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division and U.S.… Continue Reading
A former top official in China’s powerful central planning agency confessed in court Wednesday to taking bribes from various companies, including a Toyota Motor Corporation joint venture.
Liu Tienan, 59, was once deputy head of the National Development and Reform Commission (NDRC).… Continue Reading
Kentucky-based General Cable Corporation said in an SEC filing Monday that it is investigating “certain commission payments involving sales to customers” in Angola, and the way the payments were reflected in the company’s books and records.… Continue Reading
Authorities in Brazil filed a criminal action against eight Embraer SA employees for an alleged $3.5 million bribe to an official in the Dominican Republic in return for a $92 million contract for attack planes.… Continue Reading
I could not help thinking about the astonishing positive changes that have occurred as I watched the SCCE’s September 16 general session on the new laws protecting whistleblowers enforced by the SEC’s Office of the Whistleblower.… Continue Reading