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When A Government Customer Does Not Pay – Asia Edition

past due

A guest post today from Owen Hawkes, a partner in KPMG’s forensic practice in Singapore.

Professor Koehler’s recent post “When A Government Customer Does Not Pay” examines FCPA enforcement actions where payments were made to foreign officials to expedite the receipt of liabilities from governments.

The post brought to mind a recording quoted in the media coverage of PT MAXpower Group (“MAXpower”), an Indonesian-based gas-fired power plant operator, which was alleged to have made corrupt payments to officials in Indonesia.  The quote, from a recording of a meeting of Directors in 2015, reads:

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Friday Roundup

Roundup

A public service announcement, Wal-Mart’s pre-enforcement action professional fees and expenses, scrutiny alert, happenings in Bermuda, a fee dispute, quotable, a useful timeline, for the reading stack, and good for a few chuckles. It’s all here in the Friday roundup.

A Public Service Announcement

Section 5 of the Federal Trade Commission Act requires the disclosure of a material connection between an advertiser and an endorser when the relationship isn’t otherwise apparent to consumers. As the FTC has made clear, the law applies to bloggers.

Certain members of the FCPA’s blogosphere (who frequently write about compliance best practices, transparency, conflicts of interest and related topics) may want to take notice and act accordingly.

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