Top Menu

Navigation

Friday Roundup

By on August 25, 2017 in CDM Smith, Declination Decisions, FCPA Investigative Costs, Investigative Fees, ISO 37001, Linde, Mahmoud Thiam, Misonix, Och-Ziff Capital, Och-Ziff Capital Management
Roundup

Overhead at the town hall meeting, sentenced, investigative fees, “fake” FCPA news, fairly obvious, hook-line-and-sinker, fore, pardon me for being a stickler, ISO37001 related, and purely speculative and not credible.

It’s all here in the Friday roundup

Overhead at the Town Hall Meeting

I can’t imagine that the FCPA is a frequent topic of discussion at New England town hall meetings. But as highlighted here it was recently a topic of discussion as “the new operator of a popular ski resort in New Hampshire [Och-Ziff]  faced off against concerned residents, some of whom fear the company’s past legal troubles raise doubts about whether it was the right choice to oversee the facility.”

Continue Reading

From The DOJ’s Docket

By on May 6, 2017 in 2017 Enforcement Actions, Asset Recovery, China International Fund, China Sonangol, DOJ Enforcement Action, Francis Lorenzo, Guinea, Individual Enforcement Action, Mahmoud Thiam
DOJ

Lorenzo Plea

This October 2015 post highlighted alleged bribery at the United Nations charging John Ashe (described as having various positions at the U.N. including serving as the Permanent Representative of Antigua to the U.N. and recently serving as the President of the U.N. General Assembly) and others (including Francis Lorenzo, Ng Lap Seng and Jeff Yin) with a variety of criminal offenses based on allegations that payments were made to Ashe in connection with a U.N. sponsored conference center in Macau, China and to influence business interactions with Antiguan government officials.

Continue Reading

The DOJ Uses Its Full Toolbox

By on December 15, 2016 in FCPA Related Charges, FIFA, Guinea, Mahmoud Thiam, Torneos
toolbox2

The Foreign Corrupt Practices Act Guidance rightly notes that “the FCPA does not cover every type of bribe paid around the world for every purpose.”

Among other limitations, the FCPA’s anti-bribery provisions require the existence of a “foreign official” and the FCPA’s books and records and internal control provisions apply only to issuers.

Moreover, the FCPA is a supply-side statute and does not capture the demand-side of bribery (i.e. the foreign officials who received the bribes, see U.S. v. Castle).

Two enforcement actions announced by the DOJ earlier this week demonstrate these points and how the U.S. government’s fight against bribery and corruption is broader than just the FCPA.

Continue Reading

Powered by WordPress. Designed by WooThemes