In April this year the High Court in London slammed the SFO’s decision.… Continue Reading
The Corporate Crime Reporter (CCR) has a story here about a Sarbanes Oxley whistleblower complaint filed against General Electric by former in-house counsel, Adriana Koeck. She says she was fired from GE for reporting fraud in Brazil to her superiors, including alleged tax cheating and potential violations of the Foreign Corrupt Practices Act.… Continue Reading
The Wall Street Journal’s July 22 Page One story on public corruption in Kazakhstan involving the ruling family is extraordinary. Reporters Glenn Simpson and Susan Schmidt have dug deep, with help from the former son-in-law of the country’s president.… Continue Reading
We’re exercising our Friday liberty to post a story that’s not about the Foreign Corrupt Practices Act — at least not yet. It’s about a world-class financial institution — a market leader with 80,000 employees in 50 countries, the heavyweight champ of global wealth management — that allowed its sales force to run wild and in the process trample numerous U.S.… Continue Reading
… Continue Reading
The joint venture and all its personnel shall comply in all respects with the requirements of the United States Foreign Corrupt Practices Act.
Foreign organizations in China have been vexed for years by the need to pay or reimburse Chinese journalists who attend local press events. The journalists can’t afford to travel on their own and their employers don’t reimburse them.… Continue Reading