Search Results for: label/Monitors
The former governor of Rio State, Sergio Cabral, was arrested in November on corruption charges. He was accused of taking bribes from construction companies. One of the contracts under investigation involved the renovation of the Maracana stadium ahead of the 2014 FIFA World Cup and 2016 Olympic Games.
Brian Benczkowski, Assistant Attorney General for the Criminal DivisionThe head of the Justice Department’s criminal division issued new guidance to prosecutors that’s likely to reduce the number of corporate settlements that require the hiring of compliance monitors.
The use of corporate monitors by judicial and regulatory government agencies to verify an organization’s compliance with settlement agreements and orders resolving corporate accountability continues to rise. The growing use of monitors has raised questions about the privacy of their reports and the public’s access to their findings.
As reported on the FCPA Blog on June 7, in the Commerce Department’s announcement of its settlement with ZTE Corporation, it referred to a requirement for ZTE to “retain a team of special compliance coordinators selected by and answerable to” the Commerce Department for ten years.
McKesson Corporation agreed to pay $18 million to resolve allegations that it improperly set temperature monitors used in shipping vaccines under its contract with the Centers for Disease Control and Prevention (CDC), the DOJ said Friday.