The first year of the Trump administration saw a fall in the number of prosecutors and contract staff employed by the criminal division’s fraud section.
Petrobras told the DC appeals court on 19 January that a bribery-related investor lawsuit should be heard in Brazil instead. But an appeals judge questioned the argument.
A Maryland federal judge last week blocked an attempt by a former Bechtel executive to annul a bribery-related plea deal from 2014.
The Senate Judiciary Committee approved for a second time the nomination of Brian Benczkowski to lead the DOJ’s criminal division. But lawmakers still raised concerns about the pick.
Mahmoud Thiam, found guilty in 2017 of laundering bribes, says his conviction should be overturned because of a narrow definition of bribery set by the Supreme Court.
Senator Elizabeth Warren gave senior prosecutor Kendall Day an earful for the DOJ’s enforcement record against big banks, during a Congressional hearing on 17 January.
A Goldman Sachs compliance executive says US enforcement authorities have failed to allay fears that they are targeting compliance officers in the financial sector.
A former co-president of a Maryland transportation company has been charged with foreign bribery for his alleged part in a Russian nuclear corruption scheme, the DOJ said on 12 January.
The Securities and Exchange Commission has named Tracy Price as the new deputy chief of the Foreign Corrupt Practices Act unit.
The US Treasury now has expanded ability to sanction any corrupt foreign government official, regardless of country, and NGOs are taking full advantage. Companies can take advantage too.
The Securities and Exchange Commission has overstepped its statutory authority in recent cases brought under the accounting provisions of the FCPA, lawyers say.
Privately, lawyers complain that the monitorship selection process for FCPA settlements favours a small, exclusive club of defence attorneys over those with true compliance expertise.