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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
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Russell A. Stamets
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Richard Bistrong
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Eric Carlson
Contributing Editor

Posts Tagged: Frederic Bourke

The Friday Round Up

Reports from the BBC and the Straits Times say the Chinese Communist Party (CCP) is trying once again to get rid of secret accounts held by local officials. Known as “little coffers,” the money is skimmed from public funds.… Continue Reading

Witnesses Hit Bourke And Jefferson

From Frederic Bourke’s Trial. Outstanding coverage on the testimony this week of Hans Bodmer, Viktor Kozeny’s Swiss lawyer, from the Courthouse News Service here and Bloomberg’s David Glovin here.

From Glovin’s account:

Bodmer, who is testifying for prosecutors in exchange for leniency and admits knowing of the bribery scheme, testified yesterday that he told Bourke about the payments.

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More On Bourke and Jefferson

First Frederic Bourke. A witness testifying for the government this week at Bourke’s trial in New York may have hurt the prosecution’s case. Christine Rastas, who worked for Viktor Kozeny in Azerbaijan, said her boss told Egyptian businessman Shafik Gabr about bribing Azeri officials.… Continue Reading

Liberia’s Graft-Busting Leader

We’ve never heard of an African head of state asking the U.S. to deny visas to individuals suspected of corruption. Until now, that is. It happened on Friday when Liberia’s president, Ellen Johnson Sirleaf (left), “pleaded with the Government of the United States of America not to give U.S.

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Big Day For The FCPA

History will be made with today’s opening gavel in William Jefferson’s federal trial. It will mark the first time a former member of congress has been prosecuted under the Foreign Corrupt Practices Act, and the only time the country has seen two FCPA trials staged simultaneously — Jefferson’s in Alexandria, Virginia and Frederic Bourke’s in New York City.… Continue Reading

More Disclosure, Less Graft

CoST — the Construction Sector Transparency Initiative — has a simple aim: to disclose in real-time critical information about public-sector construction projects. Why? To prevent corruption, which can’t live in the sunshine.… Continue Reading

Defense Contractor, Ex-Exec Settle Charges

The Securities and Exchange Commission last week filed settled enforcement actions against United Industrial Corporation (UIC), an aerospace and defense systems contractor, and Thomas Wurzel, the former President of UIC’s one-time subsidiary, ACL Technologies, Inc.… Continue Reading

Jefferson On Trial, Soon

Former Congressman William J. Jefferson’s trial for violating the Foreign Corrupt Practices Act and other federal laws will start on June 9 in Alexandria, Virginia. Judge Tim Ellis this week granted Jefferson a one-week delay.… Continue Reading

Another FCPA Derivative Suit Is Tossed

For the third time, Baker Hughes has beaten back a derivative suit based on its 2007 settlement of Foreign Corrupt Practices Act violations. It paid $44 million to resolve enforcement actions by the Justice Department and Securities and Exchange Commission related to bribery in Kazakhstan.… Continue Reading

The Book On Bourke’s Judge

Last week we said Judge Shira Scheindlin’s preliminary rulings would protect Frederic Bourke’s right to a fair trial. That, it turns out, is something she’s already known for. Another defendant, John “Junior” Gotti, the alleged New York City mobster, has had three trials in her courtroom since 2005.… Continue Reading

Court Rulings Protect Bourke’s Rights

Judge Shira Scheindlin has now decided most of the pending pre-trial issues in the Foreign Corrupt Practices Act prosecution of Frederic Bourke. Her rulings generally restrict the government’s use of other-acts-type evidence, while allowing Bourke latitude to tell his story.… Continue Reading