This is the second installment in the “earth to Secretary Ross” series. (See here for the first).
Recently, U.S. Commerce Secretary Wilbur Ross delivered this speech in India at a trade conference and remarked: “we are excited that so many U.S. companies are dedicated to building commercial relationships with the countries and customers in this region of the world.”
During the speech, Ross stated: “our strict Foreign Corrupt Practices Act also assures the Indian government that our companies will not cause scandals here.”
Earth to Secretary Ross … there have been numerous corporate FCPA enforcement actions concerning conduct, in whole or in part, in India as highlighted below.