News and commentary about white-collar crime, enforcement, and compliance
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
Italian oil giant Eni S.p.A agreed Friday to settle FCPA offenses related to its subsidiary’s use of a “wholly unequipped” intermediary to win government oil contracts in Algeria.… Continue Reading
The law firm at the center of the Panama Papers leak may have helped facilitate an alleged multi-million corruption scheme tied to Sonatrach contracts won by Saipem.
The International Consortium of Investigative Journalists said Mossack Fonesca helped Farid Bedjaoui create a Swiss bank account that was used to purchase “shelf” companies in the Caribbean. … Continue Reading
An Algeria criminal court sentenced six people to jail and sanctioned two companies for corruption connected to contracts with state-owned energy firm Sonatrach.
The defendants were charged with corruption offenses ranging from embezzling public funds and money laundering to inflating the price of contracts and accepting bribes.… Continue Reading
A judge in Milan ordered Italian oil and gas services firm Saipem to go on trial for alleged bribery in Algeria.
Prosecutors said the company bribed Algeria officials to win work from state-owned energy firm Sonatrach.… Continue Reading
A corruption trial involving former executives at Algeria’s state-owned oil company Sonatrach was adjourned Sunday shortly after it began when witnesses failed to appear.
The trial was postponed until next month at the request of defense attorneys after several witnesses were no shows.… Continue Reading
Chekib Khelil, Algeria’s former energy minister, is wanted for corruption (photo courtesy of Wikipedia)Algeria’s former energy minister is wanted on an international arrest warrant for alleged corruption following accusations of bribery involving Italian energy giant Eni.… 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
Mohamed Meziane, the chief of Algeria’s state energy company Sonatrach, and ten other executives are under investigation for corruption, according to reports.The head of Algeria’s state energy firm Sonatrach and ten other company executives are under investigation for corruption.