Topic: Enforcement

Steinmetz sentenced to five years in prison for corruption in Guinea

A Geneva court has found mining magnate Beny Steinmetz guilty of bribing a public official in Guinea to secure a lucrative iron-ore mining licence.

22 January 2021

Trump pardons include Republican fundraiser and ex-Uber engineer

20 January 2021

Colombia issues first Odebrecht collusion fines

Colombia’s competition authority said employees at Odebrecht, Episol and Corficolombiana colluded to bribe public officials to win a highway project, in an investigation stemming from Odebrecht’s 2016 plea agreement with the US Department of Justice.

19 January 2021

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

US Treasury sparks confusion with China sanctions “guessing game”

The Treasury Department’s guidance on the China Military Companies Sanctions has been described by one expert as “truly bizarre”.

15 January 2021

Ex-Petrofac executive pleads guilty to more bribery charges

Petrofac’s former global head of sales, David Lufkin, has admitted to paying bribes to help the London-headquartered oil and gas exploration company win construction contracts in the United Arab Emirates.

15 January 2021

Fifa attempt to recuse special prosecutor fails

A court in Bellinzona, Switzerland, said that football’s global governing body cannot request the dismissal of Stefan Keller because it is not a party to the proceedings against its president, Gianni Infantino.

12 January 2021

US and Australian banks received majority of 2020 fines

12 January 2021

“Potential improper payments” at Carlsberg India

11 January 2021

Questions raised about FCA’s focus on non-financial misconduct

The UK market regulator is investigating a single case of non-financial misconduct, raising some doubts about how strong its appetite is for tackling behavioural issues such as workplace sexual harassment.

08 January 2021

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