With its $152.6 million FCPA enforcement action Tuesday, Weatherford International has landed ninth on our list of the Top 10 FCPA cases of all time.
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Weatherford International agreed Tuesday to pay $152.6 million to the DOJ and SEC for FCPA offenses in the Middle East and Africa and violation of the Iraq oil-for-food program.
The only U.S.-headquartered company now on the FCPA top ten list is KBR (and its former parent, Halliburton). It landed second after paying $579 million in 2009 to settle an enforcement action for its role in the so-called TSKJ Nigeria consortium.
Hobbies are important and we try to make time for ours -- staring at the list of the biggest FCPA cases of all time.
A U.S. federal judge Tuesday threw out a civil lawsuit filed Mexico's state-owned oil company Pemex against Siemens AG and a South Korea's SK Engineering that alleged bribes to Pemex officials.
A French court Monday acquitted oil giant Total SA, its chief executive, a former government minister, and more than a dozen other defendants on charges of violating the U.N.'s oil-for-food program.
FBI Director Robert Mueller defended the controversial government surveillance program Prism before a U.S. House Committee on June 13, saying it's a necessary part of America’s counter-terrorism operation.
As part of its $398 million settlement Wednesday, Total S.A. agreed with the SEC to disgorge $153 million of profit made from its bribery in Iran. That's the second biggest disgorgement in FCPA history.
With its $398 million enforcement action Wednesday, Total S.A. has landed fourth on our list of the Top 10 FCPA cases of all time.