It was 2003, and I received an urgent order for ballistic vests and helmets for United States Coalition Forces stationed in Kurdistan. The quartermaster for those forces was emailing and calling me (from a bunker, literally) that he needed the equipment in days or weeks, not months or quarters.… Continue Reading
ZTE replaced its chief compliance officer after it admitted to the U.S. government in March that it made false statements about meeting the requirements of a settlement agreement.
The South China Morning Post said Wednesday that ZTE removed Cheng Gang, a senior vice-president, from his roles as chief compliance officer and chief legal officer, “according to an internal human resources notice dated March 8.”… Continue Reading
The U.S. Department of Commerce Monday imposed a denial of export privileges against ZTE and a related company for seven years for failing to comply with settlement terms in an earlier sanctions case.… Continue Reading
Weatherford International said it received final court approval for the $252.6 million settlement of FCPA and export offenses announced in November.
In an SEC filing, Weatherford said:
On January 17, 2014, the U.S.… Continue Reading
Emphasizing the United States’ worldwide leadership in combating foreign bribery, James M. Cole, deputy attorney general at the Department of Justice, addressed the participants at the American Conference Institute’s FCPA conference on Tuesday in National Harbor, Maryland.… Continue Reading
In Singapore circa 1994, Jeffrey Garten, who was then the Undersecretary of Commerce for International Trade, hosted a “breakfast briefing.” The event was sponsored by the American Chamber of Commerce, and the invitations said it would be a chance to discuss the challenges Americans face when they do business overseas.… Continue Reading