The U.S. Supreme Court Monday denied a writ of certiorari for two jailed Haiti teleco defendants who argued that employees of state-owned enterprises aren’t “foreign officials” under the Foreign Corrupt Practices Act and bribes paid to them shouldn’t be FCPA violations.… Continue Reading
The UK government recently announced the publication of draft legislation entitled “Reports on Payments to Governments Regulations 2014.” The legislation would require UK-registered mining, quarrying, and logging companies to report on payments they make to governments all over the world, when such payments exceed £86,000 ($137,000) in a financial year.… Continue Reading
Former Finmeccanica CEO Giuseppe Orsi is on trial in an Italian court for offering bribes to officials in India to win a $700 million helicopter contract.
During a summation last week, his lawyer, Ennio Amodio, said Orsi was innocent of all charges and that no bribes were offered.… Continue Reading
Shire Pharmaceuticals LLC will pay $56 million to settle allegations that its marketing and promotion of several drugs violated the False Claims Act, the Justice Department said last week.
The allegations were contained in two lawsuits filed under the False Claims Act’s whistleblower provisions by a former Shire executive and former Shire sales representatives.… Continue Reading