Friends of the FCPA Blog -- Sandy Sierck and Nick Diamond, who represent the Socio-Economic Rights and Accountability Project in Nigeria -- have another good idea. For years, SERAP has been petitioning the DOJ and SEC to return enforcement revenues to the real victims of overseas corruption: the citizens of the corrupt governments. Their latest proposal is a slam dunk.
Entries in James Giffen (32)
An article in The New Republic by Steve LeVine about the Wal-Mart bribery scandal stood out, but for the wrong reasons. It was thinly sourced and logically weak . . . .
Last post, I discussed the proposal from Nigeria’s Social-Economic Rights and Accountability Project to establish a mechanism for using the proceeds of FCPA settlements to help bribery victims.
As we mentioned a few weeks ago, Ousama Naaman's sentencing is on hold while he and the government review new evidence that may be classified.
We have enormous respect for those who serve the public, including the prosecutors at the DOJ. Without them, the 'rule of law' would just be pretty words.
Should anyone be surprised by the guilty verdicts handed down Tuesday in the Lindsey case? Not at all. History, and the odds, are always against FCPA defendants.
Professor Andy Spalding: The Giffen prosecution shows why FCPA enforcement is a foreign policy debacle.
Oil consultant James Giffen, 69, escaped jail time, criminal fines, and probation when he appeared Friday before U.S. District Judge William H. Pauley in New York.