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.
GSK is probing payments in numerous countries and facing a number of corruption investigations.
Sanofi is part of a list of pharma companies dealing with foreign corruption investigations.
The SFO has moved away from investigating whether there was any corruption involved in Barclays’ capital-raising from Qatari investors.
The Leighton Holdings matter highlights the confusion that inevitably results when a country’s anti-corruption law permits facilitation payments.
A U.S. federal appeals court on Thursday rejected Iraq’s effort to sue dozens of companies for allegedly conspiring with the Saddam Hussein regime to subvert the United Nations’ oil-for-food program.
Corruption allegations surround Fifa’s World Cup Host Award to Qatar.
A number of Western companies are under investigation for mishandling their relationship with Libya’s state-run investment authority.
Asem Elgawhary also recently filed motions to dismiss most of the charges relating to alleged bribes he accepted to help power companies win contracts in Egypt.
Alstom is being investigated by a number of countries for bribery around the world including the U.K.
Mohamed bin Issa al-Jaber dropped his suit against White & Case in October and the New York Supreme Court allowed the firm’s counterclaim to continue.
Attorney General Eric Holder announces new guide to law enforcement for First Amendment-protected demonstrations. Comes in advance of expected announcement that Officer Darren Wilson won't be indicted in Ferguson, Mo.
President Obama announces Loretta Lynch as nominee for Attorney General.