Washington Legal Foundation argued the Justice Department has failed to give adequate FCPA guidance to the business community.
The compelled disclosures are policy conclusions and ethics judgments that don’t meet the test of being “purely factual” or “uncontroversial,” argue the National Association of Manufacturers and the U.S. Chamber of Commerce.
William Pomponi pleaded guilty in July to conspiracy to violate the FCPA.
Maria de los Angeles Gonzalez de Hernandez, an official at a Venezuelan state development bank, pleaded guilty 10 months ago to accepting bribes from broker-dealer Direct Access Partners.
Beny Steinmetz Group Resources faces a number of bribery allegations concerning its winning of iron ore concession from a Guinean dictator.
Individual FCPA prosecutions have been on the rise in the past several years.
HP first reached an FCPA settlement with the U.S. government in April over the conduct of three of its subsidiaries.
Eni settled Foreign Corrupt Practices Act allegations in 2010 with the Justice Department.
A response to the defendants’ letter rogatory underlines the difficulty of collecting international evidence in foreign bribery cases.
Congress has tried to prevent companies from using minerals from conflict countries and the SEC recently implemented a rule to force disclosure of mineral sources.
HP settled foreign bribery allegations in April regarding its operations in Russia, Poland and Mexico.
GSK’s alleged bribery problems may be more extensive than initially thought.
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.
Wal-Mart has been investigating a possible cover-up of foreign corruption violations since 2012.
The company says its compliance with the government helped bring the corruption investigation to a close.
President Obama announces Loretta Lynch as nominee for Attorney General.