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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

Posts Tagged: BAE Systems

The SFO: Faux Enforcement Or First Real Step?

Like many people, we’re tempted to bash the Serious Fraud Office. Its reluctance to pursue BAE — despite the company’s outrageous selling practices and offensive attitude — generated strong emotions over the years.… Continue Reading

BAE’s “Black Money”

John Weston: BAE’s former chief executive lied to the U.S. government about the company’s compliance with the FCPA.At the heart of the DOJ’s one-count criminal information that BAE pleaded guilty to on Friday is the al-Yamamah contract — an $80 billion deal signed in the mid-1980s for the sale of jet fighters to Saudi Arabia.… Continue Reading

BAE Settles Bribery Case

British arms-maker BAE Systems plc reached a simultaneous settlement today of bribery allegations with the U.K.’s Serious Fraud Office and the U.S. Justice Department. In its release, the company said:

Under the agreement with the Department of Justice, which requires court approval, the Company will plead guilty to one charge of conspiring to make false statements to the U.S.

Continue Reading

Former BAE Agent Charged For Bribes

Austrian national Alfons Mensdorff-Pouilly: BAE’s agent has been charged in Britain with corruption but his prosecution still needs approval from the U.K.’s attorney general.The U.K.’s Serious Fraud Office on Friday charged one of BAE’s former middlemen, Count Alfons Mensdorff-Pouilly, with bribery in connection with arms sales to countries in Eastern and Central Europe.… Continue Reading

High-Velocity FCPA

There’s been more FCPA action in the past month than in most prior years since enactment in 1977. What’s the rest of 2010 going to bring? Photo by Patrick BourThe FCPA-related news just keeps coming — faster and faster.… Continue Reading

Lessons From FCPAscam

That’s a Smith and Wesson and you’ve had your six.

        ~ James Bond to an out-of-ammo assailant in “Dr. No”

Twenty-two people from military and law-enforcement supply companies — including the vice president of sales for American gun-maker Smith & Wesson — were arrested Tuesday on charges of violating the Foreign Corrupt Practices Act, and conspiracy to violate the FCPA and launder money.… Continue Reading

BAE Bribe Suit Tossed On Appeal

A federal appeals court last week affirmed the dismissal of a shareholder derivative suit against some current and former directors and executives of BAE Systems PLC. The suit was filed in 2007 by the City of Harper Woods (Michigan) Employees’ Retirement System.… Continue Reading

Did EU Rules Ruin BAE’s Settlement?

The British press in September reported (here) that BAE Systems — the U.K.’s biggest defense contractor — had been given until the end of the month by the Serious Fraud Office to settle bribery charges related to sales in Africa and Eastern Europe or face prosecution.… Continue Reading

How BAE Got Caught

Investigative reporters may be disappearing from newsrooms everywhere, but they still have an important role to play in holding institutions and people accountable for overseas bribery. Rob Evans of the U.K.… Continue Reading

SFO To Request Prosecution Of BAE

The U.K.’s Serious Fraud Office announced today that it intends to seek the Attorney General’s consent to prosecute BAE Systems for offenses relating to overseas corruption. The agency said it will submit its request to the Attorney General “when the SFO considers it is ready to proceed.”… Continue Reading

Breakthrough In Britain

British firm Mabey & Johnson Ltd was sentenced last week by an English court for overseas corruption and violations of the U.N.’s oil-for-food program. The bridge-building specialist will pay £6.6 million in criminal fines and related assessments.… Continue Reading