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
Houston-based Schlumberger Limited still faces a DOJ investigation for bribes paid to customs officials by global logistics firm Panalpina.
In 2010, Panalpina and six of its customers made FCPA history when they simultaneously settled with the DOJ and SEC.… Continue Reading
Three executives from oil services firm Noble Corporation were charged today by the Securities and Exchange Commission with bribing officials in Nigeria in exchange for illegal import permits for drilling rigs.… Continue Reading
Secretary Clinton in Lusaka, Zambia on June 10, 2011All bribes — even grease payments to customs officials — hurt economic growth, Secretary of State Hillary Clinton told her audience at last week’s African Growth and Opportunity Forum in Zambia.… Continue Reading
The former country manager in Venezuela for Pride International, Inc. last week settled civil FCPA charges with the SEC.
Joe Summers, a U.S. citizen who lives in John Day, Oregon, agreed to pay a civil penalty of $25,000.… Continue Reading
Pride International, Inc. said this week it has set aside $56.2 million for an expected settlement with the Justice Department and the Securities and Exchange Commission of Foreign Corrupt Practices Act offenses.… Continue Reading
It may seem to Liberians as though everyone in their civil service is corrupt, but it’s not true. There’s at least one honest man. He’s Richard Karyea, a former customs officer at the Roberts International Airport.… Continue Reading
Responding to our post, Case Closed For Kay And Murphy, reader Jon May has asked a great question: Isn’t there a danger that the grease exception will lull businesses into the very conduct that is proscribed by Kay?… Continue Reading
Pride International, Inc., a Houston-based drill-rig provider to the oil and gas industry, disclosed in its February 29, 2008 Form 10-K (annual report) an ongoing internal investigation into potential violations of the Foreign Corrupt Practices Act.… Continue Reading
Schlumberger N.V., the world’s biggest oil and gas services company, is among the dozen or more firms in that industry being investigated in connection with Panalpina’s freight-forwarding and customs clearance practices.… Continue Reading
The Importance of Being Cooperative; Are Facilitating Payments Causing More Problems?
Tidewater Inc. is now investigating its compliance with the U.S. Foreign Corrupt Practices Act worldwide, the company said in an October 4, 2007 press release.… Continue Reading
Panalpina’s cooperation with the U.S. Department of Justice appears to be in full swing. For starters, it is exiting the Nigeria logistics and freight forwarding market for all oil and gas services customers, at least a dozen of which have been contacted by the DOJ about Panalpina’s customs clearance practices in Nigeria and other countries.… Continue Reading
February 6, 2007 — The DOJ reports Vetco’s admission that payments to Nigerian Customs Officials violated the FCPA. The DOJ says, “These corrupt payments were paid through a major international freight forwarding and customs clearance company to employees of the Nigerian Customs Service, and coordinated largely through Vetco Gray Controls Inc.’s… Continue Reading
