News

Volkswagen to reclaim €17.8 million from former executives over Dieselgate scandal

German carmaker Volkswagen said four former executives including ex-CEO Martin Winterkorn and the former Audi chairman have agreed to compensate the company for their alleged roles in the company’s diesel emissions cheating scandal.

10 June 2021

US export control agency’s enforcement numbers climb in 2021

The US export control agency has had a fast start to 2021, eclipsing previous annual tallies for corporate enforcement actions within the first six months of the year.

10 June 2021

Dechert tried to scare ENRC into self-reporting to SFO, court hears

A former Dechert lawyer repeatedly tried to scare ENRC into thinking it could be prosecuted by the UK SFO to coerce the mining company’s board into following his advice, ENRC’s former general counsel has said.

09 June 2021

Greenwashing cases pose an enforcement challenge for the SEC

Experts say the US securities regulator may struggle to hold investment funds to account for misrepresenting ESG investments without implementing new regulations.

09 June 2021

Goldman Sachs subsidiary sentenced over 1MDB scheme

“The serious nature of the crime here cannot be overstated,” said a Brooklyn federal judge when sentencing the bank’s Malaysian subsidiary.

09 June 2021

DOJ seeks funding boost for covid-related fraud enforcement

An influx of cases tied to the pandemic had created a resource strain on the DOJ.

09 June 2021

Ever-expanding Ecuador investigations loom over companies

The DOJ’s volley of investigations into bribery in Ecuador are of “epic proportions”, and a growing list of prominent companies are being scrutinised as a result.

08 June 2021

Australia announces first auditor prosecution

Australia’s corporate regulator has launched the first criminal prosecution against an auditor for failing to meet auditing standards in their work for a now-collapsed local investment fund.

08 June 2021

People News: Former FinCEN official joins Clifford Chance in DC

Clifford Chance and Debevoise & Plimpton have welcomed lawyers from the US Treasury Department to their offices in the US capital, and a prosecutor on the Halkbank case has joined a firm in New York.

08 June 2021

DOJ increases focus on corruption in Central America

The Justice Department will drive investigative efforts over foreign bribery and more in Guatemala, El Salvador and Honduras.

07 June 2021

Get unlimited access to all Global Investigations Review content