News

Former insurance CEO sentenced to six years for Ecuador bribery

The former CEO of Jardine Lloyd Thompson’s Colombian subsidiary was sentenced by a Miami federal court to 72 months in prison over his role in a scheme to bribe Ecuadorian officials.

27 January 2021

Ex-PDVSA official pleads guilty in Sargeant Marine case

A former PDVSA official has pleaded guilty to a money laundering charge in connection with a US investigation into corruption at three of Latin America’s biggest state-owned oil companies.

27 January 2021

UK SFO fills another senior position

The appointment of a new head of policy and strategy means the UK Serious Fraud Office has filled two of the three senior positions that became vacant in late 2020.

27 January 2021

US adhesives company avoids penalty as OFAC probe ends

Minnesota-based adhesives manufacturer HB Fuller says the US Treasury Department has concluded an investigation into potential breaches of sanctions on Iran with a warning.

27 January 2021

Paul Hastings recruits White & Case partners in London

White & Case partners Jonathan Pickworth and Joanna Dimmock will leave the firm after five years to join Paul Hastings in London.

27 January 2021

Florida judge throws out Odebrecht lawsuit

A lawsuit brought against Odebrecht by an Ecuadorian plastics company over a bribery and money laundering scheme has been dismissed.

26 January 2021

UK sanctions enforcer names new director

The UK has appointed the leader of the country’s delegation to FATF, an influential global anti-money laundering body, as the new head of sanctions authority OFSI.

26 January 2021

Steinmetz corruption conviction a “milestone” for Geneva prosecutors

The recent bribery conviction of mining magnate Beny Steinmetz is a great success for Geneva’s Public Prosecutor’s Office and shows that foreign corruption stemming from the canton will be met with harsh penalties, local lawyers say.

25 January 2021

Venezuelan businessman claims diplomatic immunity in US money laundering case

Alex Saab said he was arrested on behalf of the US while on a diplomatic mission to secure pandemic relief for Venezuela. “This prosecution is straining the government’s already tenuous relations with Venezuela,” Saab’s lawyers said.

25 January 2021

FCPA felon locked in fee dispute with defence lawyer

A Macao businessman convicted of foreign bribery in 2017 has declined to pay almost $2 million in legal fees to one of his former defence lawyers.

25 January 2021

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