Lawyers for Ousama Naaman are raising questions at sentencing about whether he’s been disproportionately punished because of his ethnicity.
The Securities and Exchange Commission sent letters last week to a handful of financial services institutions, signaling the start of a new industry-wide foreign bribery sweep. Just Anti-Corruption has learned that banks’ dealings with sovereign wealth funds are being scrutinized.
Justice David Bean reminded the Serious Fraud Office that the courts have the right to review the factual basis for a plea and have explicit control over sentencing.
“The case … confirms, as have other recent cases, that plea agreements can be entered into by the SFO,” Director Richard Alderman told Just Anti-Corruption.
A lawyer who’s given advice around the globe writes a book on how to avoid trouble.
“Will our people and our corporations be happy to march to the drumbeat of China and India? I think the jury still out on that question,” said Joe Brand, a veteran international law partner at Patton Boggs LLP.
In the anti-corruption action plan, G-20 member countries agreed to ratify the United Nations Convention against Corruption and to adopt and enforce laws against international bribery.
In a sign of the expanding reach of the Foreign Corrupt Practices Act, Justice Department prosecutors have increasingly pursued the citizens of other countries.
The case involves alleged corrupt deals in the arms supply industry, and has sparked an industry-wide probe.
A subsidiary of the company will enter into a deferred prosecution agreement with the Justice Department and pay a $7.35 million fine.
One company has spent more than $111 million on its costly Foreign Corrupt Practices Act probe.
The disclosure comes a day after the expiration of a deferred prosecution agreement the company entered into with the Justice Department over its role in the U.N. Oil-For-Food scandal.
One a scale of zero to 10 with zero being the most corrupt, around three-quarters of the countries on the 2010 Corruption Perception Index received a score under 5.
The Justice Department is looking at whether oil services giant Schlumberger Ltd. made improper payments to government officials in Yemen.
The Justice Department’s industry-wide probe of pharmaceutical companies demonstrates the dangers in inadequate third-party due diligence.
BEST FCPA LAWYERS PRACTICE GROUP OF THE YEAR. Main Justice held an awards luncheon in Washington, D.C., to honor top firms in the Foreign Corrupt Practices Act arena. This video shows announcement of the finalists and winner in the Practice Group of the Year category.
Mary Jacoby is the founder of Main Justice and Editor-in-Chief of Just Anti-Corruption.
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- Attorney Convicted in Multimillion-Dollar Stock Fraud
- Army National Guard Captain Charged for Alleged Role in Bribery and Wire Fraud Scheme and Two Former Soldiers Sentenced for Their Roles in a Related Scheme
- Two Foreign Nationals Sentenced in Houston to Prison for Human Smuggling
- Former Dallas Securities Broker Sentenced in Oklahoma to 84 Months in Prison for Role in Stock Manipulation Scheme
- Oregon Man Indicted for Alleged Role in $50 Million Securities Fraud Scheme
- Pennslyvania Inmate Sentenced to Life in Prison for Violent Murder of Fellow Inmate
- Former Construction Company Owner Indicted in Nevada for Income Tax Evasion
- Michigan Physician Pleads Guilty for Role in Medicare Fraud Scheme
- Medicare Fraud Strike Force Charges 89 Individuals for Approximately $223 Million in False Billing
- Community Mental Health Center Program Coordinator Sentenced to 70 Months for Role in $63 Million Fraud Scheme
- Anti-Corruption Portal of the Americas
- City of London Police
- Global Financial Integrity
- GRECO
- Organization for Economic Co-operation and Development
- Pacer (U.S. Court Documents)
- State Department Bureau of International Narcotics and Law Enforcement Affairs
- TRACE International
- Transparency International
- U.K. Courts
- U.K. Ministry of Justice
- U.K. Office of Fair Trading
- U.K. Serious Fraud Office
- U.S. Department of Justice
- U.S. Department of Justice FCPA Page
- U.S. Federal Bureau of Investigation
- U.S. House Committee on Oversight and Government Reform
- U.S. House Permanent Subcommittee on Investigations
- U.S. Internal Revenue Service Criminal Investigations
- U.S. Securities and Exchange Commission
- U.S. Securities and Exchange Commission Litigation Releases
- U.S. Senate Permanent Select Committee on Intelligence
- United Nations Convention Against Corruption
- World Bank Governance and Anti-Corruption
- World Economic Forum - Corruption Initiative