Last year, 45 new FCPA-related investigations were publicly disclosed for the first time, according to data from FCPA Tracker.
There are now 134 pending FCPA-related investigations that companies or agencies have disclosed.… Continue Reading
After two hours of driving through undeveloped Korean countryside, the image upon arriving at the Olympic skiing venues is quite startling: the surrounding ridges are dotted with technologically advanced, energy-generating windmills.… Continue Reading
Fresenius Medical Care AG said in a securities filing Tuesday that it has set aside €200 million ($245 million) for a potential FCPA resolution with the DOJ and SEC.
Fresenius, based in Homburg, Germany, said the money “represents an estimate from a range of potential outcomes.”… Continue Reading
While Hong Kong has generally been regarded as one of the least corrupt places in the world, with a rather clean government and disciplined services, the facts revealed in a recent corruption trial against two police officers and a businessman raised concerns about the wider integrity of the police department.… Continue Reading
New Zealand, ranked the least corrupt country in the world, has cancelled hundreds of drivers licenses after an investigation revealed widespread bribery involving driving tests.
Three officials at the New Zealand Transport Agency (NZTA) allegedly took bribes from 350 drivers.… Continue Reading
Teradata Corporation said in an SEC filing Friday that the FCPA investigation into gifts and travel expenses at a subsidiary in Turkey has ended and the company won’t face an enforcement action.… Continue Reading
Employer: Boston Scientific
Location: Marlborough, Massachusetts USA
Description: The Principal Analyst, Global Compliance Audit and Monitoring reports directly to the Sr. Manager, Audit and Monitoring and is responsible for supporting project or program planning, execution, implementation, or reporting across a variety of Global Compliance programs.… Continue Reading
The World Bank Friday debarred two related healthcare companies for misrepresenting the amount of commissions one of them agreed to pay an agent under projects in Bangladesh.
The 18-month debarments were imposed on ConvaTec International Services GmbH, based in Switzerland, and ConvaTec Malaysia Sdn Bhd, based in Malaysia.… Continue Reading
What is risk? If your name was previously Kentucky Fried Chicken (now KFC) one might think that not having a ready supply of chicken to fry up would be about as important a risk as one could imagine.… Continue Reading
The owner and CEO of an armored vehicle company was sentenced Tuesday to 70 months in prison for selling armored gun trucks to the military that didn’t properly shield soldiers from bullets and blasts.… Continue Reading