The Obama Administration Thursday announced a series of actions to end the use of anonymous corporations in the United States and require disclosure of beneficial owners when foreigners deposit money or buy assets in this country.… Continue Reading
I live in Mexico City and work in Mexico and Latin America. Here’s what ISO 37001 looks like from my perspective.
In the next few months, the Geneva-based International Organization for Standardization, or ISO, is expected to release its anti-bribery management systems standard, Number 37001.… Continue Reading
A good friend of mine who ended his career as a very senior police officer once gave me an excellent piece of advice. He told me that anyone can manage an organization when things are going well — it is when things become difficult that true leaders emerge.… Continue Reading
A famous Bollywood actor. His daughter in law, a former Miss World. One of India’s top lawyers. Politically connected “industrialists.” For a country with 1.2… Continue Reading
Shruti Shah, a contributing editor of the FCPA Blog and the vice president for programs and operations at Transparency International-USA, appeared Monday evening on the PBS News Hour.
The host was Gwen Ifill. … Continue Reading
The DOJ’s charges against Vincente Garcia, the former SAP regional director and head of SAP’s Premier Client Network for Latin America, are filled with advisors, consultants, agents, and channel partners. In the e-mails, they refer to one another as friends and associates, and they talk about their connection with a public official, who at the end of a long transactional road will “owe us a big one.”… Continue Reading
The Securities and Exchange Commission said Monday that software maker SAP SE agreed to pay nearly $3.9 million to settle charges that it violated the Foreign Corrupt Practices Act by paying bribes to win business in Panama.… Continue Reading
Three men who thought they were laundering $2.6 million from a penny stock fraud have pleaded guilty in federal court in Brooklyn, New York.
Michael J. Dodd, 65, and James Robert Shipman, Jr.,… Continue Reading
A former regional director of enterprise software firm SAP International Inc. was sentenced to prison Wednesday for bribing officials in Panama to win government technology contracts.
Vicente Eduardo Garcia, 65, of Miami, was ordered to serve 22 months when he appeared before federal judge Charles Breyer in Northern California.… Continue Reading
The story of Vicente Garcia, SAP’s former head of sales for Latin America, reminded me of one of the darkest periods in my life — the time before sentencing.
A former regional director of SAP International Inc. pleaded guilty Wednesday to conspiracy to violate the Foreign Corrupt Practices Act by bribing Panamanian officials to win government technology contracts for SAP.… Continue Reading