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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
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

Greetings, Comrade

A friend of The FCPA Blog who bunked in Singapore awhile and has since returned to Washington, D.C. asks: In a communist country, is everyone a government official?

The question is important because the U.S.… Continue Reading

With Friends Like These . . . .

The U.S. Foreign Corrupt Practices Act prohibits both direct and indirect corrupt payments to foreign officials. Indirect payments typically pass through the hands of an overseas partner or agent, then end up with the foreign official for an unlawful purpose.… Continue Reading

Compliance Guidelines

Many come to The FCPA Blog seeking compliance guidelines. That’s good, because our aim is to help people comply with the U.S. Foreign Corrupt Practices Act. Some seekers, however, have noticed that our posts and resources don’t include any out-of-the-box compliance programs, at least not yet.… Continue Reading

Saved By The Bell In Germany?

Siemens’ blitzkrieg settlement of corruption charges with German prosecutors happened without public proceedings and, so far, with very little disclosure. Apart from Siemens’ statement that its tax adjustment involved “questionable payments of approximately €420 million,” not much is known about the settlement and what it covers.… Continue Reading

Siemens Settles Corruption And Tax Cases With German Prosecutors

Siemens AG said it will pay a €201 million fine in connection with global corruption allegations that will end the investigation by the Munich Office of Public Prosecution. In an October 4, 2007 press release, Siemens said it will also take a charge for taxes of €179 million for questionable payments of approximately €420 million that were improperly deducted.… Continue Reading

Tidewater’s Compliance Review Goes Global

The Importance of Being Cooperative; Are Facilitating Payments Causing More Problems?

Tidewater Inc. is now investigating its compliance with the U.S. Foreign Corrupt Practices Act worldwide, the company said in an October 4, 2007 press release.… Continue Reading

The “I Didn’t Know” Defense

As defenses against the U.S. Foreign Corrupt Practices Act go, “I didn’t know” is among the most popular. I didn’t know it was against the law. I didn’t know our agent would give money to foreign officials.… Continue Reading

York International Pays $22 Million To Resolve Global Corruption Case

Internal Investigation into Oil-For-Food Abuses Uncovered Widespread Bribery

York International Corporation has reached a settlement with U.S. prosecutors of numerous violations of the U.S. Foreign Corrupt Practices Act — relating to bribes paid under the United Nations oil-for-food program and kickbacks for other government contract work in Bahrain, Egypt, India, Turkey, the United Arab Emirates and China.… Continue Reading

Syncor’s Founder Settles FCPA Charges With The SEC

Cardinal Health’s 2003 Acquisition of Syncor Established Important FCPA Precedents Concerning Pre-Merger Due Diligence and Successor Liability

Monty Fu, the founder of Syncor International Corp., agreed with the Securities and Exchange Commission on September 27, 2007 to resolve U.S.… Continue Reading

Did Siemens Pay More Than $2 Billion In Bribes?

The Wall Street Journal reports on September 27, 2007 that Siemens’ bribery problem may involve corrupt payments of about €1.6 billion ($2.3 billion). That’s four times the amount Siemens last disclosed, and its internal investigation is not yet complete.… Continue Reading