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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
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

Bill Steinman
Contributing Editor

Eni says audit proves no Algeria bribes

Italian state-owned oil giant Eni SpA said a forensic audit proved the company didn’t pay any bribes in Algeria.

Italian and Algerian government investigators have been examining allegations that officials from Saipem SpA, owned 43% by Eni, paid bribes for contracts in Algeria worth billions of dollars.… Continue Reading

‘Resource curse’ still haunts Uganda, Kenya

Since discovering oil in 2009, Uganda has not pumped a single barrel and the resource remains unexploited. An historic opportunity has so far been stymied by bureaucracy, law suits, corruption, hostilities with neighbors taking on a military hue, as well as the lack of adequate infrastructure to move the oil to market.… Continue Reading

In Algeria, Eni investigation snares ex minister

Chekib Khelil, Algeria’s former energy minister, is wanted for corruption (photo courtesy of Wikipedia)Algeria’s former energy minister is wanted on an international arrest warrant for alleged corruption following accusations of bribery involving Italian energy giant Eni.… Continue Reading

DOJ declination for Owens-Illinois

Photo courtesy of Owens-Illinois (http://www.o-i.com/Why-Glass/)Glass-maker Owens-Illinois Group Inc. said that following its internal investigation into possible FCPA anti-bribery and books and records violations and voluntary disclosure to the feds, the DOJ won’t bring an enforcement action.… Continue Reading

Finmeccanica boss Orsi on trial in Milan

Photo courtesy of Wikimedia CommonsThe former chairman and CEO of Italian defense giant Finmeccanica went on trial Wednesday in Italy.

Giuseppe Orsi is charged with fraud and corruption. Prosecutors say he bribed Indian officials to win a 2010 contract to produce a dozen helicopters for use by India’s political leaders.… Continue Reading

Global Contagion Report: Caccavo SLR

Country: Italy

Company Involved: Caccavo SLR

Industry: Industrials

Industry Subsector: Building Materials & Fixtures

Officials Involved: Marcello Fiori, UNESCO special commissioner for Pompeii heritage site; Luigi D’Amora, director of restoration of Pompeii heritage site

Enforcement Action: Investigation

Summary: Italian police say Marcello Fiori and Luigi D’Amora awarded “irregular contracts” to Salerno-based firm Caccavo for restoration of the Pompeii heritage site.… Continue Reading

Let’s just be honest for a moment…

After waiting a polite three months following the release of the Government’s FCPA Guidance, the U.S. Chamber of Commerce has issued a new letter renewing its call for additional FCPA guidance. 

The Chamber is not satisfied with the comprehensive resource released by the Government and contends that additional guidance is necessary to provide certainty in enforcement (I won’t address this comment further other than to say, if someone ever finds an example of a clear statute with text that provides its readers with “certainty,” I would be very interested to see it).… Continue Reading