Topic: Deferred prosecution agreement

Indonesian company agrees to pay $1.6 million to settle DOJ sanctions probe

The Justice Department’s settlement with Bukit Muria Jaya was announced a few days after OFAC revealed its existence in a related enforcement action.

18 January 2021

Corporate reorganisation helped Boeing reduce 737 Max fraud penalty

US prosecutors gave Boeing credit in a recent settlement linked to two aircraft crashes for ensuring that its engineers are now insulated from reporting to sales units.

13 January 2021

ICYMI: Developments over the holiday season

A Happy New Year from all of us at GIR! A round-up of news developments from the past three weeks, including a $10 million fine for Ticketmaster in the US for corporate espionage offences and the end of Société Générale’s landmark bribery DPA in France.

04 January 2021

GIR Interactive: finding companies guilty of financial crime not a “holy grail”

UK enforcement agencies should consider pursuing more civil action against companies suspected of wrongdoing now that such settlements are becoming more transparent, local experts have said.

08 December 2020

DOJ defends FCPA internal controls theory in 1MDB case

Prosecutors said the FCPA's internal accounting controls provision applies more broadly than just in situations where a company uses its own funds to pay bribes.

07 December 2020

Vitol bribery settlement to aid Brazilian scrutiny of oil trading sector

Featured in Investigator's Guide to Brazil

Brazilian authorities say that evidence supplied by commodities trader Vitol as part of its recent bribery settlement will advance ongoing probes targeting other companies in the sector.

04 December 2020

Vitol pays $164 million in settlement with US, Brazilian authorities

The energy trader is the first company to enter into a coordinated foreign bribery settlement that includes the CFTC.

03 December 2020

SFO chief: G4S reviewer was a tailored solution

The head of the UK’s anti-fraud agency has said that imposing a compliance reviewer on G4S in a fraud settlement as opposed to a full-blown monitor was appropriate given reforms already underway at the prison services contractor.

03 December 2020

SFO’s new case slump continues

Featured in Investigator's Guide to the UK

The UK Serious Fraud Office has recorded another quiet year for launching investigations into corporate misconduct on the back of one of its least active 12 months in recent history.

30 November 2020

Ex-Goldman Sachs banker attacks DOJ's internal controls theory

A former Goldman Sachs banker charged with foreign bribery in the 1MDB case has said US prosecutors are trying to “radically expand” the definition of the FCPA’s internal accounting controls provision.

23 November 2020

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