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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

Is the CPI upside down?

Transparency International released its 2019 Corruption Perceptions Index Thursday. The results of this latest iconic list beg the question: Should we look at the ten cleanest countries on the CPI to see where the next mega-FCPA settlement will come from?… Continue Reading

Someone had to be the first FCPA defendant

A headline in the Washington Post on August 3, 1979 said: “Justice Department Wins First Victory Under Foreign Corrupt Practices Act.”

The story started this way:

The Justice Department unit set up to prosecute American corporations that make payoffs to foreign officials won its first court victory here yesterday: a guilty plea by the New York firm that distributes the postage stamps of Cook Islands, a tiny country 1,800 miles off the coast of New Zealand.… Continue Reading

Newmont Mining discloses FCPA review

One of the world’s biggest gold miners said in a securities filing Wednesday it is investigating some business activities in countries outside the United States.

Colorado-based Newmont Mining said the investigation includes a review of compliance with the requirements of the Foreign Corrupt Practices Act.… Continue Reading

UK court decision: Bribery makes chief executive ‘a bad leaver’

Last month, the Scottish Court of Session Outer House delivered a decision that illustrates the pitfalls that await executive shareholders implicated in commercial bribery.

The case concerned whether or not the affairs of a transport and liquid freighting company were being carried on in an unfairly prejudicial manner to the interests of the former chief executive and associated shareholders. … Continue Reading

Report: Leighton Holdings internal emails discuss huge Iraq bribes

Internal emails leaked from Australia’s Leighton Holdings warn that a $24 million “facilitation payment” linked to a 2010 Iraq contract would “attract attention” from auditors.

Other emails talk about plans by senior employees to make payments to “friends” in the ­Middle East and to inflate and backdate contracts to win work in Iraq, the Financial Review reported Monday.… Continue Reading

New Zealand anti-corruption bill targets organized crime

Justice Minister Judith Collins, courtesy of WikipediaNew Zealand’s Justice Minister Judith Collins has endorsed an anti-corruption bill to deter domestic and international organized crime that would require banks to report international wire transfers of more than $1,000.

Continue Reading

Maybe the Kiwis aren’t so clean after all

New Zealand has ranked best for eight straight years on TI’s corruption perceptions index. But that spotless reputation has been tarnished lately by bribery scandals in business, politics, and sports.

Several top cricket players faced bribery allegations last week for alleged rigging of games in two English county matches in violation of England Cricket Board’s anti-corruption code.… Continue Reading