Venezuelan gets six months in prison for accepting bribes in food contract scheme

A Venezuelan citizen who admitted to accepting bribes on behalf of a state governor in his home country has been ordered to serve six months in prison and pay over $6 million in forfeiture and criminal fines.

21 February 2024

Former Madagascar chief of staff found guilty of bribery

A London jury has found a former presidential aide to Madagascar’s president guilty of seeking bribes from a UK gemstones mining company to obtain mining licences in the country.

20 February 2024

Defendant in UK criminal sanctions evasions case switches counsel

Proceedings in the case against Dmitry Ovsyannikov, a former deputy trade minister in Russia who has been charged with sanctions evasion and money laundering, will resume in March after a switch in defence counsel.

20 February 2024

SFO case against former MOD official accused of Saudi bribery scheme is “distorted at its root”

A barrister acting for defendant Jeffrey Cook said that his client had been unfairly blamed for corrupt payments that were approved and encouraged by the UK government.

19 February 2024

Lynch demands correspondence with US prosecutors from UK fraud agency

The SFO intends to turn over some of the personal data that UK businessman Michael Lynch has sued to obtain, concerning the agency’s cooperation with a US fraud investigation.

19 February 2024

Former Petrofac executives appear in court

Petrofac’s former chief operating officer and another former executive at the oil services company appeared before a London court on Monday after being charged with offering and paying over $30 million in bribes concerning contracts in the Middle East.

19 February 2024

Former Stericycle VP to plead guilty to FCPA charge

The DOJ accuses Mauricio Baez Gomez, a former senior vice president for the waste management company, of conspiring to pay millions of dollars in bribes to officials in Mexico, Brazil and Argentina. He would be the first known individual to plead guilty in the scheme since the company settled with US authorities in early 2022.

16 February 2024

Ex-Goldman Sachs analyst sentenced to 22 months in prison

A London court has ordered former Goldman Sachs analyst Mohammed Zina to serve nearly two years in prison following his conviction for insider dealing and fraud.

16 February 2024

Ex-DOJ prosecutor to lead CFTC whistleblower office

Former Department of Justice lawyer Brian Young will serve as the new director of the CFTC’s whistleblower office.

16 February 2024

DOJ to “zero in” on AI threats to national security

A department-led task force geared towards blocking illegal exports of sensitive US technology will ratchet up enforcement against those who use artificial intelligence to threaten national security, a top official said.

15 February 2024

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