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Editors

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

New Money-Laundering Allegations Against Bodmer

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

BRIC Companies Rank Low On New TI Index

Transparency International yesterday released its 2011 Bribe Payers Index. It’s the fifth version of the index and the first update since 2008.

It ranks 28 of the world’s largest economies, TI said, ‘according to the perceived likelihood of companies from these countries to pay bribes abroad.’… Continue Reading

Alstom’s Swiss Banker Acquitted

A Swiss federal criminal court last week acquitted a private banker in Zurich of bribery and money laundering charges growing out of his relationship with French firm Alstom SA.

According to a report Thursday by Gabriella Broggi in BusinessWeek, Oskar Holenweger was charged with taking bribes of CHF1 million ($1.1 million) to open 163 anonymous bank accounts that Alstom used to bribe foreign officials.… Continue Reading

Swiss Time

Within a half hour of Mubarak’s resignation on Friday, Switzerland had acted.

“I can confirm that Switzerland has frozen possible assets of the former Egyptian president with immediate effect,” a Swiss government spokesman told Reuters, without saying more.… Continue Reading

Nailing His Assets

Former Tunisian President Zine El Abidine Ben AliLast month, Tunisia’s citizens decided they’d finally had enough of their kleptomaniacal president Ben Ali, who managed to escape to Saudi Arabia.

By the time of his hasty departure, he’d ruled the country for 23 years and reportedly had expropriated for the private enjoyment of himself and his family about a third of the country’s economy.… Continue Reading

An FCPA Snow Job

Last Friday in federal court in Manhattan, oil consultant James Giffen, the seven-year target of one of history’s biggest individual FCPA prosecutions, was allowed to plead guilty to a misdemeanor — failing to report a foreign bank account in a 1996 tax return.… Continue Reading

Code Named Ruthenium

The U.K.’s Serious Fraud Office today reported in dramatic fashion the arrest of three top executives of French industrial giant Alstom’s British unit. They’re suspected of paying bribes overseas to win contracts.… Continue Reading

Former BAE Agent Charged For Bribes

Austrian national Alfons Mensdorff-Pouilly: BAE’s agent has been charged in Britain with corruption but his prosecution still needs approval from the U.K.’s attorney general.The U.K.’s Serious Fraud Office on Friday charged one of BAE’s former middlemen, Count Alfons Mensdorff-Pouilly, with bribery in connection with arms sales to countries in Eastern and Central Europe.… Continue Reading