News

FCPA Docket: Chemical business Albemarle in FCPA settlement talks with DOJ

A North Carolina chemicals business said it was in settlement talks with the DOJ and the SEC over possible FCPA violations; A federal appeals court stayed a Houston judge’s order to dismiss a Venezuelan bribery case over jurisdictional issues.

04 August 2022

Judge postpones decision on SFO costs in ENRC lawsuit

A London judge won’t decide on potential legal costs the Serious Fraud Office owes mining company ENRC until after a separate trial to determine loss and causation is concluded.

04 August 2022

Venezuela cargo airline loses export privileges for buying plane from Iranian airline

The Bureau of Industry and Security said the airline bought the plane from an Iranian airline affiliated with a “designated terrorist organization.” The DOJ issued a seizure warrant for the aircraft, which is currently grounded in Argentina.

03 August 2022

Dechert to pay £20 million to ENRC in misconduct case

Dechert will hand over £20 million in interim costs to ENRC in the latest development in the miner’s ongoing proceedings against the law firm, its former partner Neil Gerrard, and the SFO.

03 August 2022

Ex-AUSA tapped for Moldova’s top anti-corruption job

The prosecutor, who recently traded Los Angeles for the country where she was born, tells GIR that she hopes to make Moldova's anti-corruption office an institution that citizens “can rely on, work with, and depend on to enforce the law”.

03 August 2022

Venezuelan businessman to forfeit $3 million for PDVSA bribery scheme

Carlos Enrique Urbano Fermín will forfeit $3 million in addition to the intermittent confinement ordered by a Florida judge in May.

02 August 2022

Lambert bribery case affirmed by Fourth Circuit

On appeal, attorneys for the former co-president of a Maryland-based transportation company convicted of bribing a Russian official argued that the judge overseeing the trial took several improper actions, including urging the jury to reach a unanimous decision as they struggled during deliberations.

02 August 2022

New York regulator fines Robinhood unit $30m over AML failures

The New York State Department of Financial Services said on 2 August that an investigation had identified “significant” shortcomings at the business’ cryptocurrency division after a supervisory examination in 2019.

02 August 2022

US government foregoes reply to Russian billionaire's request for Supreme Court review of sanctions designation

The case filed by aluminium tycoon Oleg Deripaska is unlikely to be taken up by the Supreme Court.

01 August 2022

Walmart hires former DOJ acting fraud section chief

Former DOJ acting fraud section chief Joe Beemsterboer joined Walmart as a senior vice president and chief counsel for global investigations.

01 August 2022

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