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Entries in money laundering (31)

Wednesday
May012013

Another exec charged in Alstom case

Alstom head office, 3 avenue André Malraux, Levallois-Perret, France (photo courtesy of Wikipedia)The DOJ said Wednesday that a former vice president of sales for Alstom's U.S. subsidiary became the third man from the company charged with overseas bribery and related offenses.

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Tuesday
Apr162013

Two Alstom execs charged, one pleads guilty 

The United States unsealed criminal charges Tuesday against one current and one former executive of French power company Alstom's U.S. unit for an Indonesia bribery scheme.

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Monday
Apr152013

Obstruction charges in FCPA mining investigation

The DOJ said Monday a French citizen has been arrested and charged with trying to obstruct a federal investigation into whether a mining company paid bribes to win mining rights in the Republic of Guinea.

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Monday
Jan142013

Judge mulls wider ban on prosecution of bribe takers

A judge in California may decide whether federal law reflected by the FCPA prevents charging foreign officials with money laundering in connection with bribes they took.

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Monday
Dec032012

How should we define corruption? (Part I)

Justice Potter Stewart (1915 - 1985)"I know it when I see it," said Justice Potter Stewart of the U.S. Supreme Court. Though he was talking about obscenity, the same could probably be said of corruption as well.

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Monday
Nov192012

Siriwan, facing charges at home, asks for U.S. dismissal

The Thai official accused by the DOJ of laundering bribe money she took from two Hollywood movie producers wants the charges dropped because Thailand has postponed her extradition and will put her on trial.

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Tuesday
Sep112012

Birkenfeld's Bounty Will Boost FCPA Enforcement

The news today that former jailed banker Bradley Birkenfeld will be paid $104 million by the U.S. Internal Revenue Service as a whistleblower may be the biggest FCPA enforcement event of the year.

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Wednesday
Jul252012

Pro or Con? The Extractive Industries Disclosure Debate

The SEC will decide soon on implementing rules under Dodd Frank whereby natural resource extraction companies (issuers) will have to disclose all payments to foreign governments -- even payments that are entirely legal and above board.

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Tuesday
Jul102012

Joseph Jailed In Haiti Telco Case

A former official at state-owned Telecommunications D’Haiti S.A.M. was sentenced Friday to a year and a day in prison.

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Monday
May212012

Duperval Jailed For Nine Years

Jean Rene Duperval, a Haitian official at the center of the DOJ's sprawling Haiti Telco prosecution, was sentenced Monday to nine years in prison for money laundering.

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