Reuters reported today that Paul Jennings, the former CEO of Innospec’s U.K. operations, pleaded guilty to corruption charges in a London court.
‘Jennings pleaded guilty to two counts of conspiracy to corrupt in relation to bribes paid in both Indonesia and Iraq,’ Reuters said.… Continue Reading
A former country manager in Iraq for a GE subsidiary claims he was fired for telling supervisors and an ombudsman about potential FCPA problems.
Khaled Asadi, a dual citizen of the United States and Iraq, was based in Amman, Jordan.… Continue Reading
Two former CEOs of Innospec businesses were charged with corruption in the U.K. last week.
The Serious Fraud Office said Dennis Kerrison and Paul Jennings appeared before Westminster Magistrates’ Court Thursday on charges ‘surrounding alleged corrupt payments to gain public contracts in Indonesia.’… Continue Reading
The U.K. Serious Fraud Office said a British man who supplied surgical instruments to the Iraqi government was sentenced today by a London court to 24 weeks in prison.
Mark Rodney Jessop, 53, admitted breaking United Nations sanctions during the oil for food program by making illegal payments to Saddam Hussein’s government. … Continue Reading
Johnson & Johnson will pay a $21.4 million penalty to resolve criminal FCPA charges with the DOJ and $48.6 million in disgorgement and prejudgment interest to settle the SEC’s civil charges.… Continue Reading