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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
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

Bill Steinman
Contributing Editor

Alstom fallout: No jail for sick Bahamas bribe taker

A former director of the the Bahamas Electricity Corporation who took more than $220,000 in bribes from Alstom is too sick to face prison, a judge ruled Friday.

Fred Ramsey, 79, was convicted by a Bahamas jury in May of taking $221,457 to influence the award of a contract for generators to Alstom Espana SA.… Continue Reading

Bahamas utility official convicted of taking Alstom bribes

A jury in the Bahamas Tuesday convicted a former board member of the Bahamas Electricity Corporation of bribery, finding he took hundreds of thousands of dollars to help Alstom win contracts, reduce penalties for late performance, and overturn a government award to a competitor.… Continue Reading

SFO charges another individual in Alstom corruption case

The UK Serious Fraud Office charged another individual Tuesday as part of the ongoing investigation into Alstom.

Terence Stuart Watson, the Alstom Country President for the UK and Managing Director of Alstom Transport UK and Ireland, was charged with violating section 1 of the Prevention of Corruption Act 1906 and with conspiracy to corrupt contrary to section 1 of the Criminal Law Act 197.… Continue Reading

Judge delays Lewis sentencing to April

Clayton Lewis, the hedge fund partner who invested and lost $126 million in Viktor Kozeny’s Azeri privatization scheme, won’t be sentenced until at least April, according to an order issued this month by the judge hearing his case.… Continue Reading

Bourke loses another appeal

The U.S. Court of Appeals has denied Frederic Bourke’s request for a new trial.

Bourke, convicted in 2009 of an FCPA conspiracy and sentenced to a year in jail, argued that prosecutors knowingly allowed a key witness to present false testimony to the jury.… Continue Reading

Kozeny Wins In Privy Council

The U.K. Privy Council ruled yesterday that Viktor Kozeny, the accused mastermind in a huge 1990’s bribery scheme in Azerbaijan, can’t be extradited from the Bahamas to the United States to face FCPA charges.… Continue Reading