Topic: FCPA

Ex-Citgo manager questions DOJ’s instrumentality argument

A foreign bribery case has focused on whether an employee of PDVSA’s US subsidiary is a government official under the FCPA.

25 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

McDermott hires Norton Rose partner

Carlos Ortiz, a former partner at Norton Rose Fulbright currently representing a company in the Fifa corruption case, has joined McDermott Will & Emery as a partner in the firm’s white collar defence practice in New York.

20 November 2020

Lawyers for Och-Ziff bribery victims: “This is a very unique fact pattern”

Wilson Sonsini partners Michael Sommer and Moe Fodeman tell GIR how they secured $138 million in restitution from a US hedge fund in a foreign bribery case.

19 November 2020

Monitorships decline as companies invest in compliance

Lawyers say monitorships are on the decline because companies are better at avoiding them and prosecutors are less keen to impose them. But those lawyers also question whether that trend will continue.

18 November 2020

OECD report offers rare window into FCPA enforcement

The OECD issued a series of recommendations on how the US can fine-tune its efforts to combat foreign bribery. The organisation’s report also offers a rare glimpse into the current state of FCPA enforcement.

17 November 2020

SQM to pay $62.5 million to settle class action lawsuit

The Chilean mining company is the latest to settle a class action lawsuit concerning disclosure failures over alleged bribery.

12 November 2020

Plea deal shows how SBM Offshore ex-CEO dodged prison in Switzerland

The former CEO of Dutch oil services company SBM Offshore admitted to overseeing close to $7 million in bribes paid to Angolan public officials during his time in charge and agreed to provide evidence against co-defendants.

10 November 2020

Judge tells DOJ to unveil more on Braskem bribery

“How does one defend a conspiracy to bribe when the bribes themselves are not disclosed?” said a Brooklyn federal judge.

09 November 2020

New York hospitality company in hot water in Asia over trade practices

PAR Technology, which provides service solutions to the hospitality industry, said it expects to face penalties from a Singaporean authority over potential violations of customs laws.

09 November 2020

Get unlimited access to all Global Investigations Review content