One of ProPublica’s outstanding investigative reporters, T. Christian Miller, wrote the story below (which ProPublica co-published with MSN Money). We reprint it under ProPublica’s generous license (“You can republish our articles for free, if you credit us, link to us, and don’t edit our material or sell it separately.”) If you have trouble accessing the […]
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[…] the largest religious party in Pakistan. The bribes were intended to ensure that Sharif and the Jamaat-e-Islami would be friendly towards the military and supportive of its ventures. The money helped Sharif win a landslide victory against Benazir Bhutto in 1990. The allegations are far from fresh. But earlier this month, Pakistan’s supreme court […]
A Canadian clean fuel technology company and its former chief executive officer agreed Friday to pay more than $4.1 million to the SEC to resolve charges that they violated the Foreign Corrupt Practices Act by bribing a government official in China.
The Department of Justice said Wednesday it settled a civil forfeiture case against $1.1 million in assets traceable to bribes taken by Chun Doo Hwan, the former president of South Korea.
Scott Moritz: Risk-based compliance can work, even for the world’s biggest companies. By Scott Moritz Who are your highest-risk third parties and what are you doing about them? Most FCPA enforcement actions involve payments through agents and other intermediaries. That’s why the DOJ and SEC and their overseas counterparts are watching what companies do to […]
Hui Chen recently published a post sharing her opinions on the ISO 37001 Anti-Bribery Management Standard and ISO 37001 certification. She made some important points.
[…] recover bribes or commission paid to his agent or employee, as if held on trust, was confirmed by a recent UK Supreme Court decision in FHR European Ventures LLP and others v Cedar Capital Partners LLC (avaliable here). Although an order for pre-proceedings disclosure can be obtained, particularly in fraud cases, the courts will […]
Anti-corruption auditing has become commonplace in the past few years, but as a general matter the audit process tends to occur too infrequently to serve as a company’s only form compliance “checking.”
Maureen McDonnell arrives at the federal courthouse in Richmond, VirginiaIn testimony Monday, a former top aide to the ex governor of Viriginia described the former first lady as a flirtatious, unstable bully with a quick temper.