KBR In £7 Million UK Settlement
Richard L. Cassin |
Wednesday, February 16, 2011 at 12:38PM KBR's wholly-owned subsidiary, M.W. Kellogg Limited, has settled civil corruption charges with the U.K. Serious Fraud Office.
Richard L. Cassin Publisher and Editor
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Richard L. Cassin |
Wednesday, February 16, 2011 at 12:38PM KBR's wholly-owned subsidiary, M.W. Kellogg Limited, has settled civil corruption charges with the U.K. Serious Fraud Office.
Richard L. Cassin |
Thursday, February 3, 2011 at 8:12AM KBR's former CEO, Albert "Jack" Stanley, left, who presided over a $180 million oversees bribery scheme, won't be sentenced until at least March 30.
Richard L. Cassin |
Friday, January 21, 2011 at 7:46AM The London lawyer accused by American authorities of helping KBR and its partners bribe Nigerian officials lost his battle against extradition yesterday.
Richard L. Cassin |
Wednesday, January 5, 2011 at 7:08AM n the top ten FCPA settlements of all time, eight are now from 2010 and eight also involve non-U.S. companies.
Guest Contributor |
Tuesday, December 21, 2010 at 7:08AM Attorney Thomas Fox looks back on 2010's most memorable enforcement actions.
Richard L. Cassin |
Monday, December 6, 2010 at 2:28PM Wojciech Chodan, KBR's former commercial vice president at a U.K. subsidiary, pleaded guilty today to conspiring to violate FCPA.
Richard L. Cassin |
Friday, November 5, 2010 at 6:26AM With Panalpina, Pride, and Shell joining the top ten FCPA settlements of all time, there are now eight foreign companies on the list.
Richard L. Cassin |
Tuesday, October 12, 2010 at 6:28AM British banks accepted deposits from corrupt Nigerian politicians even after regulators issued specific warnings, according to a report released Monday by NGO Global Witness.
Richard L. Cassin |
Wednesday, October 6, 2010 at 7:28AM ABB joins the list of top ten FCPA settlements of all time, and Titan Corporation drops to number eleven. Here's the latest list, with a few candidates that may join soon.
Richard L. Cassin |
Tuesday, July 20, 2010 at 8:28AM 
Here are the top ten FCPA settlements of all time. If our math is right, the financial penalties (criminal fines, civil disgorgement, and prejudgment interest) add up to $2.8 billion, with almost 50% of that coming from the top two settlements. Five of the top six involve non-U.S. companies. The oldest case on the list is Titan Corporation's from 2005; the newest is Snamprogetti / ENI's from July 7, 2010.
They are:
1. Siemens: $800 million in 2008.
2. KBR / Halliburton: $579 million in 2009.
3. BAE: $400 million in 2010.
4. Snamprogetti Netherlands B.V. / ENI S.p.A: $365 million in 2010.
5. Technip S.A.: $338 million in 2010.
6. Daimler AG: $185 million in 2010.
7. Baker Hughes: $44.1 million in 2007.
8. Willbros: $32.3 million in 2008.
9. Chevron: $30 million in 2007.
10. Titan Corporation: $28.5 million in 2005.
Editor's note: This post was updated here.