Global Investigations Review - The law and practice of international investigations

Just Anti-Corruption

SEC to focus on “gatekeeper” cases, official says

SEC to focus on “gatekeeper” cases, official says

December 18, 2018, Just Anti-Corruption

To make the most of its tight resources, the Securities and Exchange Commission is homing in on cases against the “gatekeepers” who enable widespread misconduct, an SEC official said at a New York conference.

Judge hears details of “staggering” billion-dollar Venezuela bribery scheme

Judge hears details of “staggering” billion-dollar Venezuela bribery scheme

December 17, 2018, Just Anti-Corruption

Prosecutors gave details into a billion-dollar bribery scheme in Venezuela that they say contributed to the country’s “economic devastation” during recent sentencing hearings.

Charges say Miami businessman facilitated bribes for Odebrecht in Ecuador

Charges say Miami businessman facilitated bribes for Odebrecht in Ecuador

December 17, 2018, Just Anti-Corruption

US prosecutors filed a superseding indictment against Frank Roberto Chatburn Ripalda on 13 December.

Sandra Moser set to leave DOJ

Sandra Moser set to leave DOJ

December 14, 2018, Just Anti-Corruption

The acting chief of the DOJ criminal division's fraud section is leaving the authority.

PetroEcuador bribery judge: “The guppy is in jail while the sharks are on bond”

PetroEcuador bribery judge: “The guppy is in jail while the sharks are on bond”

December 13, 2018, Just Anti-Corruption

Financial advisor Jose Larrea’s defence argued that he was merely an unwitting pawn in a bribery scheme that was orchestrated by his lifelong friend, a transcript of a sentencing hearing reveals.

There are uncharged, culpable individuals in Embraer case, US prosecutor concedes

There are uncharged, culpable individuals in Embraer case, US prosecutor concedes

December 12, 2018, Just Anti-Corruption

During the sentencing of a former Embraer sales executive, a Manhattan federal court heard how some of the defendant’s colleagues and co-conspirators declined to cooperate with a US foreign bribery investigation.

Colombian company cooperating with DOJ probe

Colombian company cooperating with DOJ probe

December 12, 2018, Just Anti-Corruption

Grupo Aval, a major Colombian financial group, has said it is cooperating with the US Department of Justice as part of an investigation into corruption on a highway construction project.

Anti-corruption compliance resources appear to have declined

Anti-corruption compliance resources appear to have declined

December 11, 2018, Just Anti-Corruption

US government officials have repeatedly emphasised that FCPA enforcement has continued unabated under the Trump administration. Nevertheless, companies are spending less on complying with foreign bribery laws.

SEC chair struggles to defend “neither admit nor deny” settlements

SEC chair struggles to defend “neither admit nor deny” settlements

December 11, 2018, Just Anti-Corruption

When grilled by a Republican senator on the SEC’s frequent use of settlements that do not require wrongdoers to admit guilt, the regulator’s chair struggled for answers.

FCPA Docket: Ex-PDVSA official admits to hindering US investigation

FCPA Docket: Ex-PDVSA official admits to hindering US investigation

December 11, 2018, Just Anti-Corruption

In today’s news roundup, the Justice Department has taken action against a defendant who concealed facts from prosecutors in a Venezuelan bribery case, and Trace releases a report ranking countries on how risky they are to do business in.