Posts Tagged: Argentina
IBM said in an SEC filing this week that the DOJ has opened an FCPA investigation into transactions in Poland, Argentina, Bangladesh, and Ukraine. ‘The DOJ is also seeking information regarding the company’s global FCPA compliance program and its public sector business,’ IBM said.… Continue Reading
Ralph Lauren Corporation will pay $1.6 million in combined penalties to the DOJ and SEC in exchange for unprecedented dual non-prosecution agreements after admitting its Argentina subsidiary paid bribes to government and customs officials.… Continue Reading
Company Involved: Boskalis
Industry Subsector: Heavy Construction
Official Involved: Former Argentina deputy foreign minister Roberto Garcia Moritan; Francisco Bustillo, Uruguay’s ambassador to Argentina
Enforcement Action: Investigation
Summary: A federal judge reopened the case against Roberto Garcia Moritan and Boskalis sales manager Sergio Cetera.… Continue Reading
A federal district court judge in New York City today threw out the SEC’s civil FCPA enforcement action against a former Siemens executive accused of helping pay $100 million in bribes to officials in Argentina.… Continue Reading
Chad’s former ambassador to Canada who was named in the Griffiths Energy bribery case has been fired from his current diplomatic post in South Africa.
Last week a judge ordered Griffiths to pay a C$10.35 million for bribing the wife of Mahamoud Adam Bechir in 2009.… Continue Reading
At a hearing last week before a federal judge in Argentina, Siemens’ former CFO there said a request by the United States to extradite him on FCPA charges should be denied.… Continue Reading
A former Siemens executive charged by the SEC with violating the Foreign Corrupt Practices Act has reached agreement in principle to settle his case.
Ariel Sharef and the SEC are preparing settlement documents, the SEC told a federal judge in New York City last week.… Continue Reading