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
Innospec’s former agent who pleaded guilty last year to an FCPA conspiracy won’t be sentenced until September and maybe a lot later.
According to a recent court filing, Ousama Naaman has raised new evidence that may be classified, and there are new questions about how he spent some of the bribe money.… Continue Reading
More than half the journalists murdered in the line of duty were working to expose corruption.
“Murder, after all, is the ultimate form of censorship,” wrote Robert Mahoney, deputy director of the Committee to Protect Journalists (CPJ).… Continue Reading
Johnson & Johnson will pay a $21.4 million penalty to resolve criminal FCPA charges with the DOJ and $48.6 million in disgorgement and prejudgment interest to settle the SEC’s civil charges.… Continue Reading
Australian and American combat engineers rebuild a Mabey & Johnson Bridge in Afghanistan in 2008.The U.K.’s Serious Fraud Office today said two former directors of engineering firm Mabey & Johnson Ltd were found guilty of paying kickbacks to the Iraqi government of Saddam Hussein to win contracts to build steel bridges.… Continue Reading
In Washington, D.C. yesterday, federal district court judge Ellen Huvelle delayed the sentencing of Ousama Naaman. She reset the hearing for April 18.
Naaman, 61, was Innospec’s former agent in Iraq.… Continue Reading
War is not only hell, it’s corrupt too.
Of the bottom ten countries on Transparency International’s 2010 Corruption Perception Index, six have active wars, insurrections, or major civil disturbances.
Included are Burundi, Chad, Sudan, Iraq, Afghanistan, Myanmar, and bottom-dweller Somalia.… Continue Reading
Electrical technology giant ABB Ltd of Switzerland reached a settlement Wednesday with the DOJ of criminal FCPA charges and will pay a fine $19 million. And in resolving civil charges with the SEC, the company will disgorge $22.8 million and pay a $16.5 million civil penalty.… Continue Reading
Ousama Naaman, Innospec’s agent who pleaded guilty in June to criminal FCPA and conspiracy charges, is scheduled to be sentenced in federal court in Washington, D.C. on December 19, 2010. He faces up to ten years in prison but hopes to serve his time in a Canadian jail.… Continue Reading
Oussama Naaman, Innospec’s one-time agent who pleaded guilty in June to criminal FCPA and conspiracy charges, and David Turner, a former business director at the company, settled civil charges today based on violations of the Foreign Corrupt Practices Act.… Continue Reading
General Electric Company, whose compliance program is among the most respected and admired in the world, has settled civil violations of the Foreign Corrupt Practices Act with the Securities and Exchange Commission.… Continue Reading
Ousama M. Naaman, a dual citizen of Canada and Lebanon, pleaded pleaded guilty Friday in Washington, D.C. to conspiracy and to violating the Foreign Corrupt Practices Act. He was charged in a June 24, 2010 superseding information with engaging in an eight-year conspiracy to defraud the United Nations oil-for-food program and bribing Iraqi officials.… Continue Reading
