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
The SFO’s decade-long investigation of Paris-based Alstom ended Monday with the sentencing of a UK subsidiary for bribery in Tunisia.… Continue Reading
In 2007 Dick Cassin had the idea of starting the FCPA Blog. His mission: “to help compliance professionals and others everywhere understand how corruption happens, what it does to people and institutions, and how anti-corruption laws and compliance programs work.”… Continue Reading
An excellent paper written by Roger Alford conceptualized the broken windows theory in corruption premised around the idea of a building with a few broken windows: If the windows are not repaired, the tendency may be for vandals to break a few more windows.… Continue Reading
Budapest Metro (Image courtesy of Alstom)The UK Serious Fraud Office said Tuesday that it charged another former Alstom executive for bribing foreign officials.
The SFO charged Jean-Daniel Lainé when he appeared at Westminster Magistrates’ Court.… Continue Reading
Image courtesy of AlstomThe trial of a UK subsidiary of Paris-based Alstom started Tuesday, with the Serious Fraud Office alleging in filings that the company paid $8.5 million in bribes for contracts in India, Poland, and Tunisia.… Continue Reading
The Serious Fraud Office said Thursday it has started criminal proceedings “against an Alstom company in the UK by written charge.”
Alstom Network UK Ltd, formerly called Alstom International Ltd, a UK subsidiary of Alstom, was charged with three corruption offenses, and three counts of conspiracy to corrupt.… Continue Reading
The United States unsealed criminal charges Tuesday against one current and one former executive of French power company Alstom’s U.S. unit for an Indonesia bribery scheme.
Frederic Pierucci, 45, a French citizen and current Alstom executive in charge of sales, was charged in an indictment unsealed Tuesday in the District of Connecticut, where Alstom’s U.S.… Continue Reading
Miller and Chevalier’s FCPA Winter Review 2012 (here) noted a couple of significant enforcement actions in Europe in late 2011.
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A regional court in Munich imposed a €140 million fine on Ferrostaal AG.… Continue Reading
The Arab Spring showed the power of social media and grass-roots transparency. Corrupt heads of state were swept out of office in Tunisia and Egypt. But some neighboring kleptocrats are fighting back.… Continue Reading
Muammar al-Gaddafi at the 12th AU summit, February 2, 2009, in Addis Abeba.
By Bill Waite and Martin Stone
A by-product of the type of regime changes seen recently in Tunisia and Egypt, and appearing likely in Libya, is a wave of overseas asset traces.… Continue Reading
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
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
