CareAll Management LLC agreed to pay $25 million to the United States and the state of Tennessee to resolve allegations that it violated the False Claims Act by submitting false and upcoded home healthcare billings to the Medicare and Medicaid programs, the DOJ said Wednesday.… Continue Reading
Foreign countries helping China catch corrupt officials who have fled overseas with their illicit gains can share up to 80% of their forfeited assets, said a criminal law expert.
As part of the “Operation Fox Hunt 2014” launched in July, 180 fugitives of economic crimes have been extradited or persuaded to return to China, according to the Public Security Ministry.… Continue Reading
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
Transparency International’s open letter to the G20 leaders requiring transparency of ownership ought really to be pushing at an open door. Particularly so, in the light of the Financial Action Task Force’s Recommendations 24 and 25 (published in 2003 and updated in 2012) which require member countries to ensure that accessible information can be obtained and exchanged on beneficial ownership of legal persons and trusts/arrangements.… Continue Reading
President Obama will be in Myanmar later this week for the East Asia Summit. A story Thursday by Jane Perlez of the New York Times reminded the president and the rest of the world about the plight of Myanmar’s one million Rohingya people and their victimization by corrupt police and immigration officials.… Continue Reading
In Part 1 of this post, I described how business groups in the Philippines are taking advantage of an historic opportunity to transform the country’s image through a unique Integrity Initiative.… Continue Reading
The OECD Phase 3 anti-corruption monitoring report on Brazil helps put in context the corruption issues that were raised during the recent presidential campaign. At the outset, the report mentions that the lead examiners had to reveal to the authorities the existence of 5, of only 14, foreign bribery investigations brought since 2000 (none of which have yet been prosecuted).… Continue Reading