Indonesia authorities said that as part of the global investigation into chemical maker Innospec Inc, two individuals were convicted and sentenced for bribery offenses.
Entries in Ousama Naaman (34)
Four former Innospec executives were sentenced in a London court Monday for their roles in bribing officials in Indonesia and Iraq, with three of the men given prison terms, the Serious Fraud Office said.
Two former executives of Delaware-based Innospec were found guilty Wednesday in London of bribing Indonesian officials to buy the company's gasoline additive.
Since we started tracking FCPA fugitives (like a blog -- not like a U.S. Marshal), a lot has happened.
When Innospec's former agent pleaded guilty to FCPA offenses and faced a long prison term, the DOJ agreed to help him secure a transfer to a Canadian jail.
When Roger Clemens and FCPA defendants walk, should we only see failure by the DOJ?
Reuters reported today that Paul Jennings, the former CEO of Innospec's U.K. operations, pleaded guilty to corruption charges in a London court.
Ousama Naaman, the only individual to face criminal charges in the United States for the Innospec bribery scandal, could have his thirty-month prison term shortened by a year or more.
Last week in Houston the three KBR-related sentences ranged from 30 months in prison for Jack Stanley to just a year of unsupervised probation for Wojciech Chodan. Jeffrey Tesler was in the middle with 21 months in jail. How do their sentences compare?
The U.K. Serious Fraud Office last week charged a former sales director from Innospec with corruption relating to contracts in Indonesia.
The Serious Fraud Office said the former sales and marketing director in the U.K. for Innospec pleaded guilty this week to three criminal counts of conspiracy to corrupt.
How does the thirty-month prison term Ousama Naaman received last week compare with other FCPA sentences?