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FCPA Docket: Venezuelan businessman forfeits US$18.8 million

By Adam Dobrik

09 January 2017

FCPA Docket: Venezuelan businessman forfeits US$18.8 million PDVSA headquarters, Caracas iStock.com/DanielAzocar

In today’s news round-up, a US federal court orders a Venezuelan businessman to forfeit over US$18 million for violating the FCPA; the SEC hands out a whistleblower award in “highly unusual circumstances”; and plaintiffs seek to renew their complaint against a former Och-Ziff executive accused of orchestrating a corruption scheme.