FCPA-related jury trials are rare. In some years there might be one but in many years there are none. This year, however, there were three, ending in convictions of four defendants.… Continue Reading
The chairman of the U.S. Securities and Exchange Commission, Jay Clayton, chose a speech in September to the Economic Club of New York to argue that when it comes to enforcement of anti-corruption laws, the United States is “acting largely alone.”… Continue Reading
As the United Nations Global Compact discusses in their business anti-corruption guide, centralized and decentralized models have their own strengths and weaknesses with regard to control, consistency and understanding of local nuance.… Continue Reading
Thankfully, the economist-led debates in the 1990s about whether corruption is the necessary grease in the wheels of business are long behind. But we would argue that many people, including those most affected by it and possibly even those that are in the anti-corruption business, still don’t fully grasp what corruption does to our world.… Continue Reading
The DOJ unsealed a criminal complaint Monday charging the head of a Hong Kong-based NGO and the former foreign minister of Senegal with bribing high-level officials in Chad and Uganda to help a Chinese oil and gas company.… Continue Reading
A federal jury in Manhattan Thursday found Macau billionaire Ng Lap Seng guilty of bribing two United Nations officials in exchange for help promoting development of a conference center.
Ng, 69, was convicted following a four-week trial.… Continue Reading
The UK Serious Fraud Office said Wednesday it has closed its 18-month criminal investigation into Soma Oil & Gas and allegations of corruption in Somalia.… Continue Reading
The DOJ filed a superseding indictment in federal court in Manhattan Tuesday against a Macau developer accused of bribing the former president of the United Nations General Assembly.
Ng Lap Seng now faces FCPA charges for paying at least $500,000 in bribes to John Ashe.… Continue Reading