The UK data privacy watchdog fined the Serious Fraud Office £180,000 ($266,000) Monday for mistakenly disclosing evidence in the BAE investigation about 64 confidential witnesses in the case.
Entries in BAE (6)
Monday's $772 million DOJ enforcement action against Alstom SA and several subsidiaries landed second on our list of the top ten FCPA cases of all time.
Even the most ardent Francophile, as I most assuredly am, must be dismayed by France’s abysmal record of bribery prosecutions. Recent OECD Anti-Bribery Convention Working Group reports reveal France’s inexorable zero. While France has contributed significantly to the global anti-corruption regime through its part in seizing Obiang family assets as well as referring evidence in the KBR cases to the U.S., nevertheless when it comes to prosecuting its own French based multinationals, France is failing.
The Financial Times reported Friday that anti-corruption groups, (Global Witness, Transparency International and Corruption Watch) had written to the Prime Minister and the Director of the Serious Fraud Office raising concerns about the integrity of the SFO’s investigation into the sale by GPT Special Project Management, an Airbus subsidiary, of communications equipment to the Saudi National Guard.
FCPA enforcement has waxed and waned during Eric Holder's six-year tenure as U.S. Attorney General. But that's not the whole picture. During the same time, global anti-corruption enforcement has picked up speed and is more robust today than ever. Enforcement actions are breaking out all over -- from Japan to Canada, from the UK, Italy, France and Germany to Australia, and across Scandinavia to Africa and South America. The enforcement world is now a different place.