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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Panama (56)

Monday
Dec292014

Bank Leumi fined $400 million, bans former U.S. compliance chief from compliance role

Israel's Bank Leumi will pay $270 million to resolve federal charges and $130 million to settle New York regulators' allegations that it helped U.S. taxpayers hide assets and income in unreported accounts in Israel and around the world.

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Monday
Dec222014

Court OKs IRS summonses for FedEx, UPS, DHL in Sovereign Management probe

A federal judge in Manhattan Friday authorized the Internal Revenue Service to issue summonses requiring Federal Express Corporation, DHL Express, United Parcel Service, Inc. and others to produce information about U.S. taxpayers who may be using the offshore services of Sovereign Management & Legal, Ltd to evade U.S. taxes.

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Thursday
Dec112014

Dallas Airmotive pays $14 million criminal penalty for Latin America FCPA offenses

Dallas Airmotive Inc., an aircraft engine maintenance, repair, and overhaul firm based in Grapevine, Texas, admitted Wednesday that it bribed Latin American officials to win government contracts.

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Thursday
Oct022014

Swiss court accepts guilty plea from former SNC-Lavalin exec

Riadh Ben Aissa, from an SNC-Lavalin publicity photoSwitzerland's federal crime court accepted a plea deal Wednesday between prosecutors and Riadh Ben Aissa, SNC-Lavalin's former head of construction, and sentenced him to time served.

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Wednesday
Sep172014

Wow! DOJ official dishes on Cilins, Bizjet, Marubeni and more

Marshall L. Miller, Principal Deputy Assistant Attorney General for the Criminal DivisionIt's not often anyone from the DOJ's criminal division talks informally and on the record about FCPA enforcement actions. But Wednesday in New York City, the guy who's second in command, Marshall Miller, had plenty to say. He was speaking at the Global Investigation Review Program.

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Wednesday
Aug202014

Former SNC-Lavalin exec cops plea in Switzerland

A former vice president of SNC-Lavalin wanted in Canada on bribery charges has agreed to a deal with Swiss prosecutors that could lead to his extradition.

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Friday
May162014

U.S. Treasury targets money-laundering network with Kingpin Act

The U.S. Treasury named eight individuals and 20 entities Thursday connected to Jorge Fadlallah Cheaitelly as designated narcotics traffickers pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act).

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Friday
Nov292013

World Bank: Developing nations denied bribery settlement money

After analyzing almost 400 cases over 13 years, the World Bank reports that only 3.3 percent of $6 billion in fines have been shared with developing countries whose officials accepted bribes.

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Thursday
Jun272013

Swiss phone tap snared SNC-Lavalin

A Canadian police affidavit released Wednesday said Swiss authorities were investigating allegations of bribery in the Middle East when they overheard a remark about bribes in Canada, according to the Montreal Gazette.

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Wednesday
Jun052013

Investigators allege $750 million skimmed from Angola, Russia debt deal

President Eduardo dos Santos has ruled Angola for 33 years (photo courtesy of Wikipedia)At least $750 million intended to repay debt from Angola's civil war went instead to Russian arms dealers, shell companies in Panama, and crooked politicians, according to a new investigation by Corruption Watch UK and an association of Angolan human rights lawyers known as Maos Livres.

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Monday
Nov262012

Bribery advice from John McAfee

Photo courtesy of John McAfee's facebook pageDear FCPA Blog,

Not sure if you've been following the John McAfee story in detail but I've been reading his blog (which he's writing while on the lam) and he had two posts back to back about corruption.

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Wednesday
Mar142012

BizJet In $11.8 Million Settlement

BizJet International Sales and Support Inc. agreed to pay an $11.8 million criminal fine and enter into a three-year deferred prosecution agreement with the DOJ to resolve FCPA offenses in Latin America.

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