Two former executives of French engineering and construction giant Technip S.A. were handed light fines by a Paris court Wednesday for their role in the multi-million dollar bribery scheme to win contracts for development of the Bonny Island gas facility.
Entries in Nigeria (168)
The top 20 oil producing nations have an average rank on the corruption perceptions index of 90 -- just into the bottom half.
The U.K. Serious Fraud Office said Monday that three men and a woman were charged in Westminster Magistrates' Court with two counts of conspiracy to corrupt.
The SEC got the green light this week from a federal judge to charge two former Noble executives with FCPA-related offenses they committed after February 2007.
Italian oil and gas drilling contractor Saipem SpA confirmed that it is under investigation for corruption by Italian authorities for alleged payments in Algeria.
Dear Readers of the FCPA Blog,
We at the Nigerian Whistle-Blowers Forum (on Facebook) are truly excited about the FCPA's emergence, and staunch posture against global corruption.
'Corruption did not begin with President Goodluck Jonathan's government. But, at the current rate, corruption would kill Nigeria on his watch. . . . .'
Here's a note from a correspondent in France:
A recent University of Chicago Legal Forum article looks deep into an important new enforcement trend -- duplicative enforcement actions in multiple countries.
Oil services firm Nabors Industries Ltd. was a customer of Panalpina but not among the six that settled FCPA cases on the same historic day in November 2010.