Posts Tagged: Facilitating Payments
This is the final post in my series analyzing IKEA’s charitable contributions in Russia in the 1990s and early 2000s. I haven’t presumed IKEA was subject to the FCPA when the events happened or that any FCPA violations might have occurred.… Continue Reading
Federal district judge Keith B. Ellison denied motions for summary judgments filed by the SEC, and by former Noble executives Mark Jackson and James Ruehlen.
Jackson, Noble’s former CEO, and Ruehlen, the head of Noble’s Nigeria unit, asked Judge Ellison to rule that the SEC didn’t have enough evidence in the civil suit against them for a jury to decide they violated the FCPA.… Continue Reading
Nicola Bonucci and Patrick Moulette recently posted a discussion of the OECD’s position on facilitation payments. I admire the work of the OECD greatly, and I personally support its position on these payments. … Continue Reading
The International Center for Collective Action (ICCA), a division of the Basel Institute on Governance, is hosting a collective action event on June 26 and 27.
“When acting jointly, businesses, civil society and the public sector can more effectively tackle corruption,” the ICCA said.… Continue Reading
Reports that the UK Government is considering reviewing the Bribery Act’s approach to facilitation payments have been the subject of much controversy in the past few months. Beyond the geographical confines of the UK, the project should trigger a bigger discussion on the lack of harmonized standards on facilitation payments among OECD countries.… Continue Reading
An article in the National Review Friday slammed the FCPA and the DOJ’s enforcement of it.
And it cast Wal-Mart as a victim of an unclear law, forced to pay at least $100 million so far for an unnecessary internal investigation, and potentially on the hook for much more because of what it called facilitating payments to low-level bureaucrats in Mexico.… Continue Reading