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
Oil and gas services giant Halliburton said it has opened a new investigation into payments by operations in Angola and Iraq.
The payments to third-party agents were for customs clearance and visa issues.… Continue Reading
San Diego-based Qualcomm Incorporated updated its FCPA disclosure last week. It first disclosed in January that a whistleblower complaint triggered an investigation.
Qualcomm provides wireless technology and services. Revenues last year were about $15 billion.… Continue Reading
A story published jointly today by ProPublica and PBS’ Frontline said internal documents show that Las Vegas Sands boss Sheldon Adelson ‘instructed a top executive to pay about $700,000 in legal fees to Leonel Alves, a Macau legislator whose [law] firm was serving as an outside counsel to Las Vegas Sands.’… Continue Reading
A federal judge threw out a whistleblower claim by a former country manager for Iraq against GE Energy (USA) who had alleged FCPA violations.
Khaled Asadi, a dual citizen of the United States and Iraq, was based in Amman, Jordan.… Continue Reading
From Kevin LaCroix’s great D&O Diary, here’s some news no one really wants to read:
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… Continue ReadingAlthough there obviously is no joy in the exercise, the Davis Polk law firm has been diligently tracking the [U.S.
Walmart’s decision around 2006 and each quarter since then not to disclose potential compliance problems in Mexico is baffling.
In a post two years ago, we said there’s really no downside risk in disclosing early and often.… Continue Reading
Next month, Richard Alderman will step down as head of the U.K.’s Serious Fraud Office. During his eventful four-year tenure, Alderman oversaw the introduction of the U.K. Bribery Act. He also waged a successful struggle to prevent the SFO from being absorbed by the U.K.’s… Continue Reading
A former country manager in Iraq for a GE subsidiary claims he was fired for telling supervisors and an ombudsman about potential FCPA problems.
Khaled Asadi, a dual citizen of the United States and Iraq, was based in Amman, Jordan.… Continue Reading
San Diego-based Qualcomm Incorporated said this week it is under investigation by the SEC and DOJ for FCPA compliance.
Qualcomm learned about the DOJ investigation late last month. It said the U.S.… Continue Reading
A top Vatican official was reassigned to a job he didn’t want after he complained about contracts that might have been tainted by corruption.
Archbishop Carlo Maria Vigano, left, the former deputy governor of Vatican City, wrote whistleblowing letters last year to Pope Benedict and other Vatican leaders.… Continue Reading
The U.K.’s Serious Fraud Office Tuesday announced a new way to blow the whistle on fraud and corruption.
It’s a hotline called ‘SFO Confidential.’
Reports can be filed by phone or email.… Continue Reading
The fired British CEO of Tokyo-based Olympus Corporation has turned over evidence of potentially corrupt payments to the U.K.’s Serious Fraud Office.
Michael Woodford, a thirty-year veteran at the company, served as CEO for just six months before being fired a week ago.… Continue Reading
