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Bribery 06

bribery FCPA corruption bribe money tender

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Money tender

tender money offer transact transaction purchase buy bought

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money tender offer purchase transact transaction buy bought

Bribery 04

bribery corruption money laundering FCPA bribe

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bribery corruption FCPA bribe

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bribery corruption FCPA bribe

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Bribery 05

bribery; corruption; FCPA; bribe; corrupt; payoff; pay-to-play

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bribery; corruption; FCPA; bribe; corrupt; payoff; pay-to-play

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bribery; corruption; FCPA; bribe; corrupt; payoff; pay-to-play

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corrupt corruption bribery FCPA

The Reach of the Foreign Corrupt Practices Act: German Engineering Firm to Pay $32 Million Criminal Penalty

Bilfinger SE, an international engineering and services company based in Mannheim, Germany, has agreed to pay a $32 million penalty to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) by bribing government officials of the Federal Republic of Nigeria to obtain and retain contracts...

Oil Services Company’s Ex-General Counsel Pleads Guilty to Bribery and Fraud

Two former chief executive officers of PetroTiger Ltd. – a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey – have been charged for their alleged participation in a scheme to pay bribes to foreign government officials in violation of the Foreign...

Alcoa World Alumina Pleads Guilty to Foreign Bribery and Will Pay $384 Million in Fines and Penalties

Alcoa World Alumina LLC, a majority-owned and controlled global alumina sales company of Alcoa Inc., has agreed to plead guilty and to pay $223 million in criminal fines and forfeiture to resolve charges that it paid millions of dollars in bribes through an international middleman in London to officials...

Oil Company’s Ex-CEO Guilty in Foreign Bribery Case

The former chief executive officer of PetroTiger Ltd., a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey, has pleaded guilty for his role in a scheme to pay bribes to foreign government officials and to defraud PetroTiger. Knut Hammarskjold, the former...

The Long Arm of U.S. Regulatory Enforcement and the Cross-Border Reach of U.S. Laws

One of the most distinctive aspects of the current global regulatory environment has been the increasing willingness of U.S. regulators to try to project U.S. enforcement authority outside the U.S. The cross-border assertion of U.S. regulatory authority has taken place across a broad range of regulatory...

Does Your Company Still Allow Facilitation Payments?

One of the more confusing areas of the US Foreign Corrupt Practices Act (FCPA) is in that of facilitation payments. Facilitation payments are small bribes but make no mistake about it, they are bribes. For that reason many companies feel they are inconsistent with a company culture of doing business...

When Red Flags Turn Into Green Lights

This article was reprinted with permission from FCPA Professor Anyone with a pair of reasonably well-fitted FCPA goggles would recognize the risk. A company makes a $71,000 charitable donation to an organization in which a public official in its jurisdiction is a longtime board member. ...

The Origins of the FCPA: Lessons For Effective Compliance and Enforcement

“They trusted us” — Judge Stanley Sporkin explaining why 450 corporations self-reported in the 1970s Volunteer Program without a promise of immunity. This is the first part of an occasional series. The entire paper will be published by Securities Regulation Law Journal early next...

Professor Koehler Files Amicus Brief Urging Supreme Court To Hear “Foreign Official” Challenge

This article was reprinted with permission from FCPA Professor This previous post highlighted the petition for certiorari filed in the Supreme Court requesting the Court hear U.S. v. Esquenazi (the recent 11th Circuit decision of first impression in which the court concluded that certain state-owned...

The Origins of the FCPA: Lessons For Effective Compliance and Enforcement – Part Five

This is the fifth part of an occasional series. The first is available here , the second here , the third here and the fourth here . The entire paper will be published by Securities Regulation Law Journal early next year. The Congressional debates The revelations from the Watergate hearings and...

Supreme Court Declines to Hear “Foreign Official” Challenge

This article was reprinted with permission from FCPA Professor As highlighted in previous posts ( here , here and here ), the defendants in U.S. v. Esquenazi (see here for the May 2014 11th Circuit decision [ an enhanced version of this opinion is available to lexis.com subscribers ]) petitioned the...

Corruption Is Bad, But What Is It?

This article was reprinted with permission from FCPA Professor Last week, International Anti-Corruption Day was recognized. This short White House press release used the word “corruption” 13 times. DOJ Assistant Attorney General Leslie Caldwell co-authored this short Huffington Post...