Plagued by the fallout from the continuing Petrobras corruption investigation, Brazil experienced the biggest drop on Transparency International’s latest Corruption Perception Index.
The government has launched social media accounts to help the public report malfeasance.
The bureau’s ongoing FCPA investigations will ensure “there’s a lot more FIFAs coming”, FBI agent Jeff Sallet said at ACI’s 32nd annual International Conference on the Foreign Corrupt Practices Act.
An internal bank document sent to U.S. investigators as part of an ongoing probe into whether financial institutions’ hiring practices violated the Foreign Corrupt Practices Act shows that Hong Kong official Peter Pang recommended his son for an internship at JPMorgan in 2006.
The requests, sent to courts in France, South Korea, England, Italy, and the Netherlands, target seven companies who are allegedly involved in the Petrobras bribe scheme.
Thai prosecutors in August charged former Tourism Authority of Thailand governor and her daughter with taking $1.67 million in bribes from American filmmakers between 2002 and 2007, after declining to extradite the two to the U.S.
The company is currently under investigation by the Securities and Exchange Commission, the Department of Justice, and the Dutch Public Prosecution Service over allegations of bribery in Uzbekistan.
Investigators are reportedly probing Dongfeng Motor President Zhu Fushou over allegations related to possible corruption.
In August, Thailand’s Criminal Court charged the former Tourism Authority of Thailand governor and her daughter with accepting bribes from American filmmakers.
The FBI and Justice Department have begun to investigate Goldman Sachs’s advisory relationship with troubled Malaysian development fund 1MDB in connection with a series of transactions, the Wall Street Journal reported.
The scuffle over former Alstom SA Lawrence Hoskins’s international discovery demands continues in advance of his scheduled Nov. 30 trial in Connecticut.
A parallel probe by the Justice Department is unlikely to yield criminal Foreign Corrupt Practices Act charges, the Wall Street Journal reported.
In the press release announcing the settlement, the SEC said that it was charging Hitachi with violations of the books and records provision of the Foreign Corrupt Practices Act after it inaccurately recorded bribes paid to members of South Africa’s ruling political party in exchange for multi-billion dollar construction contracts.
Chaired by F. Joseph Warin of Gibson Dunn & Crutcher, the panel also featured Angela Burgess of Davis Polk & Wardwell; Adam Siegel of Freshfields Bruckhaus Deringer; Indrani Franchini, vice president and chief compliance officer of Hess Corp.; and Shanghai-based Sun Hong of Norton Rose Fulbright.
Three federal appeals judges in D.C. expressed doubt that a district court judge had acted outside his powers when he declined to approve a deferred prosecution agreement.