Yesterday, Benjamin Kessler wrote a stirring defense of what he called “one of the most altruistic FCPA amendments yet proposed:” adopting a system to share the proceeds of FCPA settlements with the victims of bribery.… Continue Reading
Posts Tagged: India
The CEOs, CFOs, COOs and Chief Compliance Officers we meet with are well aware of the FCPA and are working to put in place compliance programs to keep their companies on the right side of the law, but they are not terribly concerned about their own personal exposures.… Continue Reading
Transparency International yesterday released its 2011 Bribe Payers Index. It’s the fifth version of the index and the first update since 2008.
It ranks 28 of the world’s largest economies, TI said, ‘according to the perceived likelihood of companies from these countries to pay bribes abroad.’… Continue Reading
Bloomberg reporters Mehul Srivastava and Andrew MacAskill published a story today about the recent murders of whistleblowers who tried to expose government corruption in India.
The disturbing report said at least twelve people have been killed since January 2010 after they used India’s Right to Information Act to expose local graft.… Continue Reading
Anna Hazare will spend one last night in a New Delhi prison before holding a massive public hunger strike on Friday to demand tougher anti-corruption laws.
Early Thursday, the 74-year-old activist accepted an offer from police to leave jail and hold the 15-day public protest at an open-air New Delhi venue capable of holding 25,000 people.… Continue Reading