Last month the UK Privy Council delivered an important decision on the extent to which a bank is obliged to make inquiries into the underlying commercial purpose of offshore financial arrangements.… Continue Reading
The U.S. Court of Appeals has denied Frederic Bourke’s request for a new trial.
Bourke, convicted in 2009 of an FCPA conspiracy and sentenced to a year in jail, argued that prosecutors knowingly allowed a key witness to present false testimony to the jury.… Continue Reading
Bloomberg’s David Glovin, who provided outstanding daily coverage of Frederic Bourke’s 2009 FCPA-related trial, filed a story yesterday about new money laundering allegations against a key government witness, Hans Bodmer.
The Swiss lawyer was accused in August by Russian billionaire Oleg Deripaska of ‘masterminding a scheme last year to loot OJSC MMC Norilsk Nickel, a nickel producer in which Deripaska invests.’… Continue Reading
The Swiss lawyer who helped FCPA fugitive Viktor Kozeny move money that was used to bribe Azeri officials, and who later provided key testimony against Kozeny’s co-defendant Frederic Bourke, is still waiting to be sentenced more than six years after pleading guilty to conspiracy to launder money. … Continue Reading