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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

Posts Tagged: Iraq

‘Classified’ Evidence Puts Naaman Sentencing On Hold

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

Two Convictions In UK Bridge-Builder Case

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

Agent’s Sentencing Delayed

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

Naaman Argues For ‘Time Served’

Innospec’s former agent in Iraq is asking to be sentenced to time served for his role in an eight-year conspiracy to defraud the United Nations oil-for-food program and bribing Iraqi officials.… Continue Reading

The Bribes Of War

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

ABB Reaches $58 Million Settlement (Updated)

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

Former Fugitive Now Waits And Hopes

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

GE In $23 Million SEC Settlement

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

Naaman’s Guilty Plea

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