Posts Tagged: OECD Convention on Combating Bribery of Foreign Public Officials
Today the OECD’s Working Group on Bribery issued its Statement on France’s Implementation of its Anti-Bribery Convention. While acknowledging some progress, it expresses “serious concerns for France’s limited efforts to comply with the OECD Convention….and… Continue Reading
The Convention is important for curbing foreign bribery because its forty one signatory countries collectively account for approximately two-thirds of world exports.… Continue Reading
The Financial Times reported Friday that anti-corruption groups, (Global Witness, Transparency International and Corruption Watch) had written to the Prime Minister and the Director of the Serious Fraud Office raising concerns about the integrity of the SFO’s investigation into the sale by GPT Special Project Management, an Airbus subsidiary, of communications equipment to the Saudi National Guard.… Continue Reading
Recovering profits from accessories of bribe beneficiaries and secret commissions were respectively considered in two recent UK appellate decisions, one released earlier this month and another on Wednesday.
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The first case, which came before the Court of Appeal, opens with a somewhat bemusing reference to the first instance of bribery in classical times:
… Continue Reading
When Odysseus penetrated the underworld, he encountered, among many other ghosts, that of Eriphyle whom Homer (Od.
A federal appeals court Friday affirmed the DOJ’s expansive view of a “foreign official” under the FCPA, upholding Joel Esquenazi and Carlos Rodriguez’s convictions, and keeping intact the longest prison sentence ever imposed in an FCPA case.… Continue Reading
Nicola Bonucci and Patrick Moulette recently posted a discussion of the OECD’s position on facilitation payments. I admire the work of the OECD greatly, and I personally support its position on these payments. … Continue Reading
The government of Ukraine signed an anti-corruption initiative Monday with the European Bank for Reconstruction and Development (EBRD) to establish a Business Ombudsman Institution.
The Memorandum of Understanding for the Ukrainian Anti-Corruption Initiative was co-signed by the EBRD, the Organization for Economic Co-Operation and Development (OECD), the American Chamber of Commerce in Ukraine, the European Business Association, and Ukrainian organizations.… Continue Reading
Latvia has completed the process to become a member of the OECD Anti-Bribery Convention. It will become the 41st party to the Convention on May 30.
Seasoned observers will recall how, over a 20-year period, a succession of long-running corruption inquiries have consistently revealed that certain players in Irish business and government circles appear to have been ethically challenged.… Continue Reading