News and commentary about white-collar crime, enforcement, and compliance
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
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Kellogg Brown & Root LLC, Technip S.A., and JGC Corp. agreed to pay $17 million in penalties in a settlement with the African Development Bank (ADB) for corrupt practices by affiliated companies in connection with contracts for liquefied natural gas production plants on Bonny Island, Nigeria from 1995 until 2004.… Continue Reading
Here’s the latest FCPA disclosure from oil field services firm Halliburton Company from its Form 10-K filed with the SEC on February 7:
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We are conducting internal investigations of certain areas of our operations in Angola and Iraq, focusing on compliance with certain company policies, including our Code of Business Conduct (COBC), and the FCPA and other applicable laws.… Continue Reading
Thursday’s $384 million enforcement action against Alcoa and one of its subsidiaries ranks 5th on our list of the Top Ten FCPA cases of all time.
With Pittsburgh-based Alcoa’s entry, two of the top ten cases now involve U.S.… Continue Reading
With its $152.6 million FCPA enforcement action Tuesday, Weatherford International has landed ninth on our list of the Top 10 FCPA cases of all time.
Nine of the ten biggest cases still involve non-U.S.… Continue Reading
The only U.S.-headquartered company now on the FCPA top ten list is KBR (and its former parent, Halliburton). It landed second after paying $579 million in 2009 to settle an enforcement action for its role in the so-called TSKJ Nigeria consortium.… Continue Reading
Hobbies are important and we try to make time for ours — staring at the list of the biggest FCPA cases of all time.
Stare long enough, we’re convinced, and you can learn most of what’s important about FCPA compliance and enforcement.… Continue Reading
With its $398 million enforcement action Wednesday, Total S.A. has landed fourth on our list of the Top 10 FCPA cases of all time.
Nine of the biggest cases involve non-U.S.… Continue Reading
Tom Fox, Contributing Editor of the FCPA BlogLater this month, our contributing editor Tom Fox will be speaking at a CLE-accredited Global Corruption, FCPA Enforcement Breakfast in the D.C Area.… Continue Reading
Houston-based KBR said in an SEC filing this week that its compliance monitor ‘has certified that KBR’s current anti-corruption compliance program is appropriately designed and implemented to ensure compliance with the FCPA and other applicable anti-corruption laws.’… Continue Reading
Oil field services giant Halliburton said this week its internal investigations into potential FCPA and conflict violations in Angola and Iraq are continuing, and the company is reporting all results to the DOJ and SEC.… Continue Reading
From the FCPA Blog members area, here’s Halliburton Co.’s FCPA disclosure in its SEC filing on October 23:
… Continue ReadingWe are conducting internal investigations of certain areas of our operations in Angola and Iraq, focusing on compliance with certain company policies, including our Code of Business Conduct (COBC), and the FCPA and other applicable laws.
The blogs spoke loudly in an article by Leslie Wayne in the New York Times that recently highlighted FCPA enforcement against foreign companies.
Taking a page from our top ten list, Wayne said:
… Continue ReadingThe companies that have reached the biggest settlements under the law, known as the Foreign Corrupt Practices Act, include Siemens, the German engineering giant; Daimler, the maker of Mercedes-Benz vehicles; Alcatel-Lucent, the French telecommunications company; and the JGC Corporation, a Japanese consulting company.