These days, I sometimes begin my classes on corruption with an unusual admission. I announce to my students — who may be judges, police officers, military investigators, bureaucrats or any other variety of public official — that corruption is not a problem removed from me.… Continue Reading
Job: Program Manager / Component Leader Collective Action Illegal Wildlife Trafficking Program (IWT)
Employer: Basel Institute on Governance
Location: Basel, Switzerland
Description: Basel Institute’s Board has taken the strategic decision to offer expertise and know-how in support of anti-crime efforts in areas that are particularly affected by illegal financial flows and transactions.… Continue Reading
In a filing with the SEC, Goldman Sachs said 2018 equity-based pay awards would be subject to clawbacks depending on the results of the 1MDB investigations.
According to the filing, Chairman and CEO David Solomon received $23 million in total 2018 annual compensation.… Continue Reading
Former SNC-Lavalin CEO Pierre Duhaime pleaded guilty Friday to helping a public servant commit breach of trust.
Following his plea, Duhaime, 64, was sentenced to 20 months house arrest and 240 hours of community service.… Continue Reading
Employer: Lockheed Martin Corporation
Location: Fort Worth, Texas USA
Description: Advise senior leadership and program managers on compliance issues associated with both U.S. Government and international business, and to ensure compliance with the laws and regulations affecting our business.… Continue Reading
A recent docket update by the Southern District of New York suggests that Andrew Simon, a Manhattan-based commercial real estate broker charged in 2017 with conspiring to violate the FCPA, has pleaded guilty under seal and is scheduled to be sentenced later this month.… Continue Reading
The Treasury Department’s Office of Foreign Assets Control fined a California-based cosmetics company nearly $1 million for importing fake eyelash kits that contained materials from North Korea.… Continue Reading
The name sounds objective and exact — even scientific. The internal controls provisions. But in real life, how do internal controls measure up? Do they work?
To review — the FCPA requires issuers to devise and maintain a system of internal accounting controls sufficient to provide reasonable assurances that all transactions are properly executed and recorded and all assets are accounted for.… Continue Reading