News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
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Thomas Fox
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Oil and gas services giant Halliburton said it has opened a new investigation into payments by operations in Angola and Iraq.
The payments to third-party agents were for customs clearance and visa issues.… Continue Reading
Regarding the FCPA Blog’s post Buyers Face Impossible Choice about Opinion Release 08-02, I have to disagree with the conclusion that “Halliburton’s experience was discouraging for anyone with an acquisition program and a desire to comply with the FCPA.”… Continue Reading
A few years ago, Halliburton — no stranger to FCPA compliance problems — was fighting to buy British firm Expro through a hostile takeover. Another group called Umbrellastream was also in the hunt.… Continue Reading
Houston-based Halliburton said in an SEC filing this week that it received a subpoena from the SEC in connection with an ongoing investigation of possible kickbacks and bribes in Angola.
The investigation started after an anonymous email to the company in December 2010.… Continue Reading
In April this year, the final TSKJ partner, Japan’s JGC, paid $218.8 million in a plea deal with the DOJ. It was the biggest FCPA case in 2011 (so far) and landed sixth on our all-time top ten list.… Continue Reading
Earlier this month, the DOJ’s Lanny Breuer said his agency expects to release detailed new guidance on FCPA enforcement sometime in 2012. Breuer said he hopes it will be ‘a useful and transparent aid.’… Continue Reading
A good friend of the FCPA Blog who contributes the Corporate Investigations List sent the following message a couple of days ago, logos included:
… Continue ReadingDear FCPA Blog,
It’s barely a month into the new quarter and already five new companies are under or potentially under FCPA investigation (that I am aware of).
Houston-based oil and gas services giant Halliburton on Friday disclosed an internal investigation into possible Foreign Corrupt Practices Act violations in Angola.
It said in an SEC filing that an anonymous email it received in December 2010 alleged FCPA violations ‘principally through the use of an Angolan vendor.’… Continue Reading
Here’s a list of fines paid overseas for bribery by companies that have settled FCPA enforcement actions.
There may be others but these are what a friend of the FCPA Blog has found so far.… Continue Reading
By Marcus Cohen, David Elesinmogun & Obumneme Egwuatu
The penalty for paying bribes in Nigeria may increase following demands from a Nigerian NGO that the Nigerian government seek its share of the recent anti-graft bounty. … Continue Reading
By Thomas Fox
As December is a time for reflection on the past twelve months, I have been considering the FCPA year. I submit for your consideration my Top 10 Favorite FCPA Enforcement Actions for 2010.… Continue Reading
Britain is sending KBR’s one-time sales manager to the U.S. “within the next 10 days to stand trial over his alleged role in a huge international bribery scandal,” according to a story today in the Guardian newspaper by Rob Evans.… Continue Reading