News

A Brooklyn judge ruled that Roger Ng is set to serve 10 years for his involvement in the 1MDB bribery scheme, but has not yet decided whether he will also face forfeiture.

09 March 2023

US investment bank JPMorgan has said its former boss Jes Staley should foot the bill if a court finds that it knowingly profited from Jeffrey Epstein’s alleged sex crimes.

09 March 2023

A short-seller accuses US lithium manufacturer Piedmont Lithium of performing lacklustre due diligence and leaving itself open to FCPA scrutiny when it invested in a UK mining company.

09 March 2023

Brooklyn federal prosecutors have obtained a warrant to seize a plane belonging to a Russian state energy company for alleged breaches of US export controls and sanctions against Russia.

09 March 2023

US attorneys won’t consider involvement by past management an aggravating factor in white-collar crimes, a Manhattan prosecutor said, highlighting a departure from Main Justice’s approach.

08 March 2023

The UK’s accounting regulator has criticised Big Four consultancy PwC for failing to provide “timely and accurate” responses during an investigation into the firm’s audits of defence company Babcock.

08 March 2023

Rio Tinto will pay $15 million to resolve allegations that it violated the FCPA’s books and records provisions as a part of its work in Guinea, while an Irish gambling company will pay $4 million for similar violations connected to lobbying efforts in Russia.

07 March 2023

At the outset of a civil trial to establish how much ENRC was harmed by a series of confidential leaks, the company has tried to frame the SFO’s criminal investigation into the Kazakh miner as stemming from unlawful behaviour within the agency.

07 March 2023

Four bankers are set to face trial in Switzerland over claims they failed to carry out sufficient due diligence on Sergey Roldugin, the godfather of Vladimir Putin’s daughter.

07 March 2023

Federal prosecutors said that granting Roger Ng’s request for time served would amount to a sentence that is 98% below the federal guidelines for his crimes.

07 March 2023