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
Two former executives of French engineering and construction giant Technip S.A. were handed light fines by a Paris court Wednesday for their role in the multi-million dollar bribery scheme to win contracts for development of the Bonny Island gas facility.… Continue Reading
The top 20 oil producing nations have an average rank on the corruption perceptions index of 90 — just into the bottom half.
Not all are big exporters and not all are low on the cpi.… Continue Reading
The U.K. Serious Fraud Office said Monday that three men and a woman were charged in Westminster Magistrates’ Court with two counts of conspiracy to corrupt.
The charges followed a two-year investigation into allegations of corruption at Swift Technical Energy Solutions Ltd, a Nigerian subsidiary of the Swift Group of companies, the SFO said.… Continue Reading
The SEC got the green light this week from a federal judge to charge two former Noble executives with FCPA-related offenses they committed after February 2007.
Judge Keith Ellison Tuesday refused to dismiss the SEC’s complaint but cut off claims that arose before early 2007 based on the FCPA’s five-year statute of limitations.… Continue Reading
Italian oil and gas drilling contractor Saipem SpA confirmed that it is under investigation for corruption by Italian authorities for alleged payments in Algeria.
Saipem’s board said Wednesday the payments allegedly relate to conduct that occurred before 2009.… Continue Reading
Dear Readers of the FCPA Blog,
We at the Nigerian Whistle-Blowers Forum (on Facebook) are truly excited about the FCPA’s emergence, and staunch posture against global corruption.
As you know, corruption (especially public sector corruption) is the primary and principal cause of poverty and under-development in Nigeria, and each successive government has failed in mustering the needed political will to strengthen institutions and legislation targeted at fighting corruption.… Continue Reading
‘Corruption did not begin with President Goodluck Jonathan’s government. But, at the current rate, corruption would kill Nigeria on his watch. By a number of credible accounts, more than $500 billion (N80 trillion) has been stolen from Nigeria’s public coffers since independence in 1960.… Continue Reading
Here’s a note from a correspondent in France:
… Continue ReadingDear FCPA Blog,
You probably have already noticed through ethiXbase that today [November 19] begins the French trial of Jeffrey Tesler.
Tesler’s lawyers will ask to postpone the trial because he is currently in jail in the United States and would like to be at the hearing.
A recent University of Chicago Legal Forum article looks deep into an important new enforcement trend — duplicative enforcement actions in multiple countries.
The article — ‘Carbon Copy” Prosecutions: A Growing Anticorruption Phenomenon in a Shrinking World’ — was written by T.… Continue Reading
Oil services firm Nabors Industries Ltd. was a customer of Panalpina but not among the six that settled FCPA cases on the same historic day in November 2010.
Panalpina, a Swiss-based logistics firm, admitted paying bribes to help customers move their drill rigs and other equipment in and out of Kazakhstan, Saudi Arabia, Algeria and Nigeria, among others.… Continue Reading
Ireland’s Minister for Foreign Affairs said the government of Uganda will repay €4 million that was diverted from an Irish aid package.
A report by the Irish Examiner said the Prime Minister of Uganda Patrick Amama Mbabazi ‘denied any knowledge of the fraud through his office and insisted none of the missing money was ever paid to him.’… Continue Reading
This year’s fabled First Monday in October when the U.S. Supreme Court opens its new Term will be especially interesting for those of us who follow international business issues. The first case scheduled for oral argument in the new term is Kiobel v.… Continue Reading
