The Houston oil services company KBR Inc. said it coud not determine the implications of any possible debarments.
While approving of November’s FCPA guidance, the U.S. Chamber of Commerce says companies are still “left guessing” in some areas.
Language that popped up in four foreign bribery settlement agreements this year has been incorporated into the new FCPA guidance.
The Justice Department dropped a two-count criminal information following completion of the two-year DPA.
Attorneys for two shareholders will split $7 million in a settlement that requires compliance changes but no monetary damages.
Halliburton said the investigation of payments to third-party agents is different from the other investigations in Angola and Iraq.
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Plaintiffs have forced Halliburton to make compliance changes but recovered no money.
The Fraud Section blended the units earlier this year.
The trend is not the result of a single policy but rather a product of several factors, observers said.
After a two-year delay, Halliburton says it has reached a settlement with shareholders who filed suit over FCPA violations and other conduct they say hurt the company.
HOUSTON – Although Jack Stanley’s cooperation helped the U.S. recover $1.7 billion from energy services companies in a scheme to bribe Nigerian officials, prosecutors put his assistance in a less than flattering context.
Tesler expressed remorse at his sentencing after pleading guilty to FCPA violations.
Judge Keith P. Ellison, in handing down the lenient sentence, also expressed reservations about the fairness of the Foreign Corrupt Practices Act.
The company had previously disclosed an internal investigation in October.
The three government cooperators helped the U.S. build foreign bribery cases against joint partners building a liquified natural gas facility at Bonny Island, Nigeria. The last holdout in the case – Marubeni Corporation – settled this month.
Japanese-based Marubeni Corporation has agreed to pay $54.6 million for its role in bribing Nigerian officials to win gas facility construction contracts at Bonny Island, Nigeria for the TSKJ joint venture.
A filing with the SEC reveals possible new woes for the company in a region where it had trouble before.
Kara Brockmeyer will succeed former unit chief Cheryl Scarboro, who left the SEC in June . Scarboro oversaw the creation of the national FCPA unit that institutionalized the agency’s efforts to enforce the 1970s law. UPDATED: 5:38 p.m.
Prosecutors are looking into other current and former executives in a joint venture that bribed Nigerian officials for contracts related to a liquefied natural gas facility, after reaching new cooperation agreements.
A tainted enterprise involving natural gas contracts yields another settlement.
Covington & Burling LLP’s Robert Amaee will lead a complimentary webinar on March 28 co-hosted by Serious Fraud Office general counsel Vivian Robinson and Washington, D.C.-based Covington partner Steven Fagell, a former deputy chief of staff to the head of the U.S. Justice Department Criminal Division.
The sum represents share dividends the company was due to receive as result of the bribes.
The fourth partner on the project, the Japanese engineering firm JGC Corp., disclosed late Monday its board approved potential settlements with the Justice Department and authorities in Nigeria.
Two weeks ago, Nigerian law enforcement arrested a dozen oil and gas executives from Noble and other companies and accused them of offering $100 million in bribes to government officials.
The wide-ranging inquiry into the Bonny Island liquefied natural gas contracts yields another settlement — this time with host country Nigeria.
Will a choice parking space be enough to keep employees from squealing to the Securities and Exchange Commission?
Wojciech Chodan’s extradition and plea agreement are a sign of the growing reach of U.S. anti-corruption efforts.
Wojciech Chodan had previously fought his extradition from the U.K.
ERNST & YOUNG LLP's BRIAN LOUGHMAN ON TRENDS IN GLOBAL FORENSIC ACCOUNTING: Loughman, the Americas leader of Fraud Investigation & Dispute Services, discusses how increased government enforcement, awareness of corruption risk and an emphasis on proactive compliance assessments by corporations is driving double-digit growth in the New York-based practice he leads.
"Former Congressman Renzi’s streak of criminal activity was a betrayal of the public trust and abuse of the political process.” -- Mythili Raman, acting Assistant Attorney General for the Criminal Division.
- Four Kentucky Individuals Sentenced for Roles in Kidapping and Assaulting a Harlan County Man
- New York Landowner and New Jersey Solid Waste Company Sentenced for Illegally Dumping in Upstate, New York
- Settlement with Ash Grove Cement Company to Reduce Thousands of Tons of Air Emissions
- U.S. Seeks to Shut Down Texas Tax Preparer Whose Customers Work Overseas for Defense Contractors
- Attorney General Eric Holder Delivers Remarks at the Justice Department’s Lesbian, Gay, Bisexual and Transgender Pride Month Program
- Federal Court Shuts Down Florida Tax Preparer
- Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging at Public Foreclosure Auctions
- Acting Assistant Attorney General Mythili Raman Delivers Keynote Address at the Global Anti-Corruption Congress
- Owner of Louisiana-based Health Care Company Sentenced in Texas to 97 Months in Prison in Connection with $6.7 Million Medicare Fraud Scheme
- Justice Department to Monitor Election in Alabama