SBM Offshore agreed to pay $240 million to Dutch authorities Wednesday to settle allegations that it bribed government officials in Angola, Brazil, and Equatorial Guinea.… Continue Reading
Dear FCPA Blog,
Thanks for the recent post about the arrests in Bulgaria of seven customs officials for taking bribes at a border crossing with Turkey. Fighting graft is a never-ending struggle, and everyone who stays on the alert deserves admiration.… Continue Reading
Gary Pruitt, the president and CEO of the Associated Press, said the FBI’s impersonation of an AP reporter during an investigation was theft of the news agency’s reputation and credibility and “belittles the value of the free press.”… Continue Reading
Regulators in the United States, Britain, and Switzerland penalized five banks $3.3 billion for rigging foreign-exchange benchmarks.
The U.S. Commodity Futures Trading Commission, Britain’s Financial Conduct Authority, and the Swiss Financial Market Supervisory Authority fined Switzerland’s UBS AG $800 million.… Continue Reading
The Justice Department filed a civil forfeiture complaint seeking $106,488.31 allegedly traceable to a $2 million bribe by a Canadian energy company to Chad’s former ambassador to the United States and Canada and his wife.… Continue Reading