Law: Foreign Corrupt Practices Act 1977 (USA)

Ex-oil contractor sentenced to a year for PDVSA bribery scheme

The DOJ had hoped the former oil contractor would be sentenced to almost four years for bribing officials at the Venezuelan state oil company.

08 July 2021

Cognizant case highlights tensions concerning overseas documents

An Indian company says two defendants charged in the US with foreign bribery can’t compel it to produce overseas documents, even though it did provide information to prosecutors handling the investigation.

07 July 2021

SEC sees fall in new FCPA cases during covid

The SEC opened the fewest number of new foreign bribery cases in 2020 for at least a decade, records show. Fewer self-reports by companies could be driving the decline.

06 July 2021

Keppel Offshore’s foreign bribery DPA ends

Keppel’s FCPA settlement ended successfully after the Singapore company met its compliance obligations.

01 July 2021

US court dismisses Brazilian whistleblower lawsuit

A US federal court has dismissed a lawsuit brought by a Brazilian who alleged that he was retaliated against after raising concerns about potential fraud and bribery.

29 June 2021

Ex-Goldman Sachs banker settles SEC’s foreign bribery probe

A Brooklyn federal court accepted the SEC’s justification for sending the former banker's ill-gotten gains to the Treasury rather than to those potentially harmed by the conduct.

23 June 2021

Cognizant sues boutique firm over billing practices

Cognizant wants to recover at least $20 million it paid to a law firm defending its former chief legal officer in an FCPA case.

21 June 2021

French court upholds fine against Alcatel for corruption in Costa Rica

The Court of Cassation agreed with an appellate court’s findings that the corrupt scheme was designed to “dilute the responsibilities” of Alcatel executives and allow them to make illicit payments “under the guise of legality”.

18 June 2021

FCPA defendants go after Indian company that cooperated with DOJ

Two former Cognizant executives charged with foreign bribery want to force an Indian engineering company that cooperated with the US investigation to hand over potentially exculpatory information.

17 June 2021

Judge questioned plea deal in old Canadian corruption case

“It sounds like a sweetheart deal to me,” said Judge Richard Leon, when the DOJ presented a plea agreement with a Canadian businessman who admitted to bribing a former Chadian ambassador to the US.

16 June 2021

Unlock unlimited access to all Global Investigations Review content