As we mentioned in an earlier post on the FCPA Blog, on March 18 Brazilian President Dilma Rousseff issued a presidential decree regulating the Clean Company Act, as a part of a series of anti-corruption measures to counter the increasing number of protests against the federal government.… Continue Reading
Singapore’s first Prime Minister, Lee Kuan Yew, passed away on Monday morning.
He had many achievements, but his one big idea must have been this: In Asia, how would one Third World island, with no resources, distinguish itself as a trading and financial hub?… Continue Reading
A ex-Bechtel Corporation vice president was sentenced Monday to 42 months in prison for taking $5.2 million in kickbacks to rig bids for state-run power contracts in Egypt.
Asem Elgawhary, 73, of Potomac, Maryland pleaded guilty in December 2014 to mail fraud, conspiracy to commit money laundering, obstruction, and interference with the administration of the tax laws. … Continue Reading
My thanks to Professor Andy Spalding and his students from the University of Richmond School of Law for undertaking the Rio 2016 project and executing it with dedication and enthusiasm. I hope it becomes a model for law students around the globe.… Continue Reading
A court in the West Africa country of Senegal sentenced a former government minister and son of the ex-president to six years in prison and ordered him to return to the state $229 million after his conviction for illegal enrichment.… Continue Reading
Job Title: Global Compliance Monitoring Director
Location: Fridley, Minnesota USA
This individual will be responsible for oversight, directing, and controlling the activities of the Corporate Global Compliance Monitoring team.… Continue Reading
The Swiss attorney general issued an order this week to freeze $400 million of assets allegedly tied to a corruption scheme at Brazil’s state-owned oil company Petrobras.… Continue Reading
President Dilma Roussef Wednesday issued a presidential decree with regulations under the Clean Company Act. Although the statute has been in force since January 2014, several key terms had not yet been defined.… Continue Reading