Topic
Bribery
1,289 published works
FCPA Professor
Judge Denies Aguilar’s Motion For A Bill Of Particulars
By Mike Koehler
As highlighted in this prior post, in September 2020 the DOJ announced that Javier Aguilar (a trader at the U.S. subsidiary of Vitol Inc.) was criminally charged for “his alleged…
Money Laundering Watch
DOJ Fraud Section 2020 Year in Review: Money Laundering Statute Remains an Overseas Enforcement Tool
By John F. Hundley, Nicholas Kato
On February 24, the Department of Justice’s (“DOJ”) Criminal Division Fraud Section released its 2020 Year In Review (“the Report”) touting its white-collar enforcement successes. Among them: four cases in…
FCPA Professor
DOJ Announces Individual Criminal Charges In Connection With Ecuador Bribery Scheme
By Mike Koehler
Yesterday, the DOJ announced criminal charges against Jorge Cherrez Mino (pictured) and John Robert Luzuriaga Aguinaga in connection with a bribery scheme in Ecuador. According to this criminal complaint, Cherrez…
International Financial Law Prof Blog
China: Former Top Banker Executed for Taking $277 Million in Bribes
China on Friday morning executed Lai Xiaomin, a former chairman of one of the country’s four largest state-owned bad-debt managers, according to a news agency under the country’s top court.…
Latham.London
SFO’s International Investigatory Powers Curbed in Supreme Court Ruling
Landmark decision holds that the SFO does not have the power to procure documents from foreign companies outside the jurisdiction. By Stuart Alford QC and Callum Rodgers On 5 February…
FCPA Professor
It All Depends What The “B” Word Means
By Mike Koehler
Often times, discussion of complex legal or public policy issues is clouded by simplistic rhetoric and narrative spinning. Just don’t bribe. A zero tolerance for bribery. Sounds good and to be sure…
International Financial Law Prof Blog
Businessman Sentenced for Foreign Bribery and Money Laundering Scheme Involving PetroEcuador Officials
An Ecuadorian businessman living in Miami was sentenced today to 35 months in prison for his role in a $4.4 million bribery and money laundering scheme that funneled bribes to…
Global Regulation Tomorrow
UK Supreme Court overturns controversial decision on extraterritorial effect of Section 2 Notices
By Andrew Reeves (UK), Thomas Hubbard (UK), Claudia Van Gruisen, Neil O’May (UK), Pamela Reddy (UK)
Today, 5 February 2021, the UK Supreme Court has handed down the long-awaited judgment on the extra-territoriality of the Serious Fraud Office’s powers to obtain documents. The Supreme Court held…
FCPA Professor
DOJ Seeks Court Order To Release Previously Withheld Privileged Documents In Connection With Alleged Adoption Agency Bribery Scheme
By Mike Koehler
As highlighted in prior posts here and here, in 2019 and 2020 (in a rather unusual Foreign Corrupt Practices Act enforcement action) the DOJ criminally charged various individuals associated with…
FCPA Professor
Hong Kong Court Finds Former JP Morgan Exec Not Guilty Of Bribery In Connection With “Sons And Daughters” Program
By Mike Koehler
As highlighted in prior posts here and here, in 2016 JP Morgan resolved a $202.6 million Foreign Corrupt Practices Act enforcement action against J.P. Morgan (and a related entity) based…