The insider view on the FCPA enforcement landscape
After lawyers listed a cast of Holywood actors, popstars, supermodels, and divisive politicians as potential witnesses in the DOJ case against the rap superstar, several prospective jurors told the judge they couldn’t be impartial.
Roger Ng will have to forfeit the value of kickbacks he received for his role in the 1MDB scheme in addition to a 10-year prison sentence.
The head of the Fraud Section’s corporate enforcement, compliance, & policy unit also said companies should “embrace” independent monitorships to avoid potential extensions.
In a speech on Thursday, the Criminal Division chief also highlighted a pair of past DOJ cases demonstrating what the department views as “extraordinary” cooperation with its corporate investigations.
The company’s plea agreement eliminates the cooperation credit it had been awarded by the DOJ in 2019 for cooperating with an FCPA investigation.
Saman Ahsani, a key player in the Unaoil bribery scheme, was recently sentenced to a relatively short prison term of just one year and one day, raising questions about the nature of …
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Gregoire Tournant accuses federal prosecutors of coercing Allianz's counsel into building a case against him and violating his attorney-client privileges. A ruling in his favour could force the DOJ to rethink the way it conducts white-collar investigations.
Assistant attorney general Kenneth Polite on Friday outlined new DOJ policies concerning compensation clawbacks, third-party messaging platforms, and monitorships.
Two US nationals, supported by two Swiss lawyers, will oversee the commodities trader’s compliance obligations stemming from its 2022 foreign bribery and market manipulation plea agreements in the US.
“Is the language of the policy directionally helpful? Absolutely,” said one practitioner of the Deputy Attorney General’s recent policy announcement. “But ultimately, the core question is: ‘what does the policy mean in practice?’”
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