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Editors

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

Someone had to be the first FCPA defendant

A headline in the Washington Post on August 3, 1979 said: “Justice Department Wins First Victory Under Foreign Corrupt Practices Act.”

The story started this way:

The Justice Department unit set up to prosecute American corporations that make payoffs to foreign officials won its first court victory here yesterday: a guilty plea by the New York firm that distributes the postage stamps of Cook Islands, a tiny country 1,800 miles off the coast of New Zealand.… Continue Reading

Och-Ziff middleman pleads guilty to Africa bribes

The son of a former Prime Minister of Gabon pleaded guilty in federal court Friday to conspiring to violate the Foreign Corrupt Practices Act by bribing government officials in Africa.

Samuel Mebiame, 43, a Gabonese national, was a consultant to a mining company owned by an Och-Ziff joint venture.… Continue Reading

Hunt is on for Africa’s looted wealth

The world keeps shrinking for Africa’s kleptocrats.

Senegal’s new government has launched an unusual joint investigation with France into several key figures from the former government.

It reportedly filed a complaint with a Paris court to investigate the origins of assets held in France by an undisclosed list of high-profile figures associated with the former Senegalese government.… Continue Reading

Paris Punts On Probe

The lawsuit examining how three African rulers and their families managed to acquire dozens of luxury homes, cars and other assets in France has been stopped. A Paris magistrate had ordered the investigation in May at the request of Transparency International.… Continue Reading

The Bongo System

The New York Times’ Adam Nossiter has written a terrific article about kleptocracy and corruption in Gabon (here). Here’s how his account begins:

LIBREVILLE, Gabon — In the airport duty-free store, the wine is upward of $400.

Continue Reading

The Death Of A Long-Time Leader

Gabon’s president, Omar Bongo, 73, died last week of heart failure while in Spain on a holiday. In 1967, at just 31, he became the country’s second post-colonial ruler and stayed on to become the longest-serving head of state on the African continent.… Continue Reading

C’est Magnifique!

Francophile kleptocrats everywhere must be shaking in their Yves Saint Laurent double monk-strap black boots today, thanks to a Paris magistrate’s ruling. He accepted a case brought by Transparency International that requires French authorities to investigate how three African rulers, their family members and friends managed to acquire numerous luxury homes, cars and other assets in France.… Continue Reading