For only the second time in FCPA history, the DOJ Monday made a public announcement that it wouldn’t prosecute a company that cooperated in building a case against a former officer.… Continue Reading
Posts Tagged: Knut Hammarskjold
Joseph Sigelman, the former co-CEO of PetroTiger, pleaded guilty today to one criminal count during the third week of his FCPA trial.
Sigelman, 44, pleaded guilty to conspiracy to violate the FCPA. … Continue Reading
Prosecutors in Colombia charged six current and former employees of the state-controlled oil company with taking bribes from services company PetroTiger Ltd.
A federal judge in New Jersey ruled last week that prosecutors can use secret video recordings in the trial of the former PetroTiger CEO that the FBI made with a camera attached to the executive’s lawyer.… Continue Reading
Joseph Sigelman, who served as a former co-CEO of PetroTiger Ltd., is the latest FCPA defendant to argue that employees of state-owned enterprises aren’t “foreign officials” under the FCPA.
The former CEO of PetroTiger Ltd. — a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey — was indicted Friday for bribing an official at Ecopetrol SA, Colombia’s state-controlled oil company, and defrauding PetroTiger by taking kickbacks.… Continue Reading
Two former CEOs of PetroTiger Ltd., a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey, were charged with Foreign Corrupt Practices Act-related offenses, fraud and money laundering.… Continue Reading