The Canadian construction company vowed to fight charges by the Royal Canadian Mounted Police that it bribed officials in Libya.
U.S. District Court Judge Richard J. Leon for the District of Columbia on Feb. 5 said he would not approve a deferred prosecution agreement between the Dutch aerospace services provider and the Justice Department.
Teva disclosed in 2012 that it had received a subpoena from the Securities and Exchange Commission and an “informal request” from the Justice Department for documents relating to the alleged FCPA violations in Russia and Latin America.
Federal Judge Richard Leon in Washington, D.C., has frequently required companies to report directly to him post-settlement and today joined a growing chorus of judges demanding more authority over the government’s deal-cutting with corporate wrongdoers.
A former executive of PBSJ Corporation has settled Foreign Corrupt Practices Act civil charges, while his company entered into the SEC’s second-ever deferred prosecution agreement for an FCPA allegation.
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.
Choices made by the prosecution team provide powerful instruction on what the DOJ expects public companies to do to prevent and detect FCPA violations and, emphatically, what not to do regarding their obligations when it comes to books and records and accounting controls.
England’s Serious Fraud Office appeared increasingly desperate in December 2013 exchanges with the Akin Gump lawyer, whose testimony they needed to avoid an embarrassing dismissal of a major bribery prosecution.
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.
Deputy Attorney General Jim Cole and Criminal Division chief Leslie Caldwell were among the officials holding a news conference to announce the Alstom Foreign Corrupt Practices Act settlement – much as an earlier generation of officials had done in 2008 to announce the Siemens resolution.
The Potomac, Md., resident was accused of accepting $5 million in kickbacks from power companies that won $2 billion in contracts with Egypt’s state-owned electricity company. His prosecution stemmed from a foreign bribery investigation of Alstom SA.
Improper Gifts Alone, Without Cash Bribes, Serve as Basis for SEC’s Latest FCPA Enforcement Action
Two former employees of FLIR Systems Inc. have agreed to pay fines for violating the Foreign Corrupt Practices Act after providing a “world tour” to Saudi Arabian officials.
The 230-page guide seeks to outline many of the increasing number of anti-corruption laws in countries around the world.
The Kleptocracy Initiative seeks to deliver on our responsibility to protect the integrity of the U.S. financial system and its institutions from the destructive influence of corruption proceeds and to deny kleptocrats safe haven to hide and enjoy their ill-gotten gains.
President Barack Obama speaks at outgoing Attorney General Eric Holder's portrait unveiling ceremony.
Attorney General Eric Holder called for a lower bar to federal civil rights prosecutions in an exit interview with Politico's Mike Allen.