Richard L. Cassin | Editor at large
Richard L. Cassin is the founder of the FCPA Blog. He serves as editor at large.
The former chief operating officer of New Jersey-based Cognizant Technology Solutions Corporation settled charges that he violated the Foreign Corrupt Practices Act by helping to bribe an Indian government official and then covering up the payment, the SEC said Friday.
The World Bank debarred a Spanish engineering company Thursday for cheating on a bid and lying about its work progress.
Tackling demand-side bribery, as the proposed Foreign Extortion Prevention Act aims to do, is complex. On the supply side, we know in most cases why business people pay bribes. In the words of the FCPA, it’s to obtain or retain business or secure an improper advantage. But why do officials demand bribes?
The Inter-American Development Bank (IDB) announced Wednesday the six-year debarment of more than 20 subsidiaries of Odebrecht S.A. for bribing public officials in connection with two IDB-financed projects.
A woman who helped arrange adoptions for an Ohio-based agency pleaded guilty last week to bribing court officials in Uganda and defrauding adoptive parents and the U.S. State Department.
The U.S. unit of global accounting firm RSM International was charged Tuesday with violating the SEC’s auditor independence rules on at least 100 audit reports for 15 or more audit clients.
Federal District Court Judge Janet Bond ArtertonA federal district court ruled Monday that Lawrence Hoskins, the British national who worked for Alstom, will have to face a trial for violating the Foreign Corrupt Practices Act and related offenses.
Colombia’s national airline said in a U.S. securities filing Thursday that it is investigating possible violations of the Foreign Corrupt Practices Act and other anti-bribery laws because of free and discounted tickets and upgrades given to government officials in various countries.
WeWork’s parent company said in an SEC filing Wednesday for a possible IPO that its potential exposure to liability under laws such as the FCPA is likely to increase because of the way it does business.
Israeli billionaire Beny Steinmetz and two associates are facing criminal charges in Switzerland for allegedly paying bribes to win mining licences in Guinea between 2005 and 2010.