The Houston-based energy drilling services company had previously disclosed investigations into potential foreign bribery violations in Russia and Mexico.
Faced with the possibility of continuing as the lone defendant in Rio Tinto’s New York lawsuit alleging corruption in a Guinean mining deal, Vale SA has ask for court approval to seek documents surrounding alleged bribes paid by Beny Steinmetz Resources Group Ltd.
The Indianapolis-based pharmaceuticals company in December 2012 had resolved allegations from the SEC regarding conduct in Brazil, China, Poland and Russia.
Hans-Joachim Prieß, a specialist in EU public procurement law at Freshfields Bruckhaus Deringer LLP in Berlin, explained how under new legislation companies that “self-clean” following a foreign bribery conviction may be able to remain eligible for publicly funded contracts in the EU.
In recent years, the broad interpretation of the scope of certain laws and regulations, especially in corruption, economic sanctions and money laundering cases, has increased the number of cases in which an individual or legal entity is prosecuted and possibly sanctioned twice for the same set of facts — especially in situations in which U.S. authorities have secured an NPA, DPA or guilty plea.
British prosecutors are investigating whether subsidiaries of Alstom, the French power and transport company at the centre of an international corruption inquiry, committed offenses in Hungary, a London court heard on Wednesday.
In 2015 Ireland is due to enact anti-bribery laws similar to those in the UK and US. The new laws will place an onus on businesses to take a range of anti-bribery measures, including adopting anti-bribery policies.
The top deputy to Criminal Division chief Leslie Caldwell also mentioned Foreign Corrupt Practices Act prosecutions involving Alstom and former executives of PetroTiger Ltd.
Banks with branches in the UAE and Jordan also also must comply with the Motorola Credit Corp. discovery requests in long-running litigation to recoup damages from a 1990s-era fraud.
The Netherlands’ resolution and the related matters highlight the increasing potential for high-impact parallel anti-corruption investigations and resolutions by multiple affected countries.
Lawrence Hoskins must let a jury decide the facts of the matter, U.S. District Judge Janet Arterton ruled.
Smith and Ouzman Ltd., a printing company that specializes in ballots and other high-security documents, was found to have bribed public officials across Africa, specifically in Kenya, Ghana, Mauritania, and Somaliland.
The Department of Justice stressed the company’s lack of cooperation as a reason for the steep criminal penalty of $772 million, which did not include a discount.
A first-ever report by the OECD released Tuesday summarizes 427 foreign bribery cases concluded in 17 different countries since the creation of the OECD Anti-Bribery Convention on Feb. 15, 1999.
A 5-K motion from the Justice Department reflecting Bernd Kowalewski’s cooperation, as well as the judge’s discretion in granting a variance, resulted in a sentence of time served.
Attorney General Eric Holder called for a lower bar to federal civil rights prosecutions in an exit interview with Politico's Mike Allen.