Topic
Bribery
1,331 published works
The D&O Diary
Corruption Allegations Lead to Serious Follow-On Securities Suit Filings
Corruption and bribery enforcement actions and criminal prosecutions have long been a source of follow-on civil actions, including in particular securities class action lawsuits, as I have noted in numerous…
FCPA Professor
Potpourri
By Mike Koehler
Agreement in Principle As highlighted in prior posts here and here in 2016 hedge fund Och-Ziff resolved a $412 million Foreign Corrupt Practices Act enforcement action concerning improper business practices in various African countries.…
FCPA Professor
Potpourri
By Mike Koehler
Agreement in Principle As highlighted in prior posts here and here in 2016 hedge fund Och-Ziff resolved a $412 million Foreign Corrupt Practices Act enforcement action concerning improper business practices in various African countries.…
International Financial Law Prof Blog
Goldman Sachs Settles for $3.8 Billion for its Role in the $4.5 billion Fraud of the Maylasia Sovereign Wealth Fund, Bank’s Criminal Charges Dropped
The deal includes a $2.5 billion cash payout by Goldman and its guarantee to return at least $1.4 billion in proceeds from assets linked to sovereign wealth fund 1Malaysia Development…
International Financial Law Prof Blog
Two Defendants Charged for Their Role in Bribery and Money Laundering Scheme Involving Former High-Ranking Government Official in Panama
Individuals Facilitated $28 Million in Bribes from Odebrecht S.A. to the Official A criminal complaint was unsealed today in federal court in Brooklyn, New York, charging Luis Enrique Martinelli Linares…
FCPA Professor
Reflections On The Second Edition Of The FCPA Guidance
By Mike Koehler
As highlighted in this prior post, the DOJ and SEC quietly released a Second Edition of the FCPA Guidance last week on the Friday of a holiday weekend. Future posts…
International Financial Law Prof Blog
U.S. Seeks to Recover Approximately $96 Million Traceable to Funds Allegedly Misappropriated from Malaysian Sovereign Wealth Fund
The Justice Department announced the filing of civil forfeiture complaints seeking the forfeiture and recovery of approximately $96 million in assets allegedly associated with an international conspiracy to launder funds…
International Financial Law Prof Blog
Novartis Hellas S.A.C.I. and Alcon Pte Ltd Agree to Pay over $233 Million Combined to Resolve Criminal FCPA Cases
Novartis AG, Novartis Hellas S.A.C.I., and Alcon Pte Ltd Agree to Pay over $345 million Combined to Resolve FCPA Matters with the Government Novartis Hellas S.A.C.I. (Novartis Greece), a subsidiary…
Investigations and Enforcement Blog
Ramped-Up Powers, Performance Anxiety and Political Pressure: A Perfect Storm for UK Law Enforcement Agencies?
Amongst those who operate or act (whether voluntarily or not) within global law enforcement arenas, there has long been a tendency in some quarters to view the UK law enforcement…
The Right Coast
Starting fee for closing case against Burisma, Biden family was $50 million Kulyk
The initial bribe to close the case against Burisma was $50 million, not $6 million, former senior prosecutor of the Ukraine's Prosecutor General's Office (PGO) Kostiantyn Kulyk said on Monday…