Beginning in 2008, when Siemens resolved its mega-FCPA case for $800 million, December has been a month of FCPA fireworks.… Continue Reading
The former CEO of a Chile-based chemical and mining company agreed Tuesday to pay $125,000 to resolve civil charges that he violated the Foreign Corrupt Practices Act.
Patricio Contesse González caused Sociedad Química y Minera de Chile, S.A.… Continue Reading
Growing up in the People’s Republic of China, I often heard the proverb, “water that is too clean has no fish.” Sadly, the adage is a rationalization for corruption. It claims that ethical business doesn’t yield profits.… Continue Reading
Sociedad Química y Minera de Chile SA agreed Friday to pay $30.5 million to resolve criminal and civil Foreign Corrupt Practices Act charges that it bribed Chilean politicians to influence government policies and plans.… Continue Reading
In a prior post for the FCPA Blog, Elena Lazareva wrote about Caso Penta — one of the biggest corruption scandals in Chilean history. As she said, the case is revealing hidden connections between business and politics in the country.… Continue Reading