A three-judge federal appeals court said Tuesday the DOJ's settlement with Fokker Services B.V. for alleged sanctions violations could go ahead after a district court judge rejected the arrangement as "anemic."
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Police in Canada arrested seven people, including officials of IBM and its local partner, along with employees of Quebec's tax agency for alleged corruption in connection with a $24 million contract.
DOJ and SEC enforcement of the FCPA slowed a bit during the summer months. But after a blockbuster Q2, the third quarter still saw four guilty pleas, one more than the prior quarter, and three declinations, up from two in the previous three months.
Representatives of over 30 firms were gathered in a small Beijing hotel last month to receive a stern message from the National Development and Reform Commission (NDRC) division chief, Xu Xinyu.
After a wait of two years, a federal judge Wednesday granted final approval for IBM's settlement with the SEC of civil FCPA charges.
In any country, paying for travel for government officials, customers at state-owned enterprises, or customers at purely private enterprises can present corruption risks. . . .
IBM said in an SEC filing this week that the DOJ has opened an FCPA investigation into transactions in Poland, Argentina, Bangladesh, and Ukraine. 'The DOJ is also seeking information regarding the company’s global FCPA compliance program and its public sector business,' IBM said.
A federal judge Thursday angrily rejected a proposed 2011 settlement between the SEC and IBM, saying the company should be required to report all accounting violations and not just FCPA anti-bribery problems.