Brazil petrochemical giant Braskem SA said Monday it has started discussions with the DOJ and SEC that could “lead to formal settlement negotiations and the resolution” of allegations that it paid bribes in exchange for supply contracts from state oil company Petrobras. … Continue Reading
Last week’s $412 million enforcement action against Och-Ziff Capital Management Group landed fourth on our list of the ten biggest FCPA cases of all time.
It was the first change in the list since VimpelCom joined the top ten in February this year.… Continue Reading
The old Chinese saying “money and power always come together” acknowledges the prevalence of using political power to gain business advantage in China. In ancient China, governmental officials opened their own businesses, which earned them the title “Red Hat Businessmen” alluding to the official hat under the Qing Dynasty of China.… Continue Reading