Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

Petrobras wreckage: Marcelo Odebrecht sentenced to 19 years in prison

Brazil construction tycoon Marcelo Odebrecht was sentenced to 19 years in prison Tuesday as part of the ongoing investigation into corruption at state-owned energy giant Petrobras. 

A report by Petro Global News said a federal court sentenced Odebrecht to 19 years in prison on charges of money laundering, corruption and taking part in a criminal association. 

Odebrecht, 47, paid more than $30 million in bribes to Petrobras officials in an effort to win contracts, the report said.       

He was arrested in June following allegations that his firm, Odebrecht SA, had participated in a bribery scheme tied to Petrobras contracts.… Continue Reading

Feds continue Halliburton Angola, Iraq investigations

Here’s the latest FCPA disclosure from oil field services firm Halliburton Company from its Form 10-K filed with the SEC on February 7:

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We are conducting internal investigations of certain areas of our operations in Angola and Iraq, focusing on compliance with certain company policies, including our Code of Business Conduct (COBC), and the FCPA and other applicable laws.… Continue Reading

Oman gas chief detained for bribery

Former Oman National Gas Compay CEO Goutam Sen (from the Muscat Daily)Oman’s National Gas Company said Wednesday that its chief executive was detained by the public prosecutor over suspected bribery.… Continue Reading

In China, digital gift cards thrive as new bribes

While China’s discipline watchdog celebrates its 2013 achievements, President Xi Jinping’s austerity drive continues to face challenges.

Bribe-givers and corrupt officials are now using digital technology and loopholes in online gift-giving laws to dodge the authorities.… Continue Reading