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Harry Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Richard L. Cassin Editor at Large

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 VimpelCom (26)

Thursday
Mar072019

DOJ indicts Karimova for taking $866 million in bribes

The DOJ unsealed charges Thursday against an Uzbek telecom exec and the daughter of the former Uzbek president for their roles in an $866 million bribery and money laundering scheme.

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Wednesday
Jan092019

Armenian businesses commit to compliance

Small and medium enterprises (SMEs) in emerging markets in Eurasia must demonstrate the ability to assess and mitigate corruption risks in order to do business with multinational firms. The vast majority of SMEs in the region are unable to do so. While corruption risks remain high, these firms are unable to access opportunities for growth. Until recently, Armenia was a case in point.

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Monday
Nov262018

MTS reserves $840 million for FCPA settlement

Alexey Kornya, MTS president and CEORussia’s biggest mobile phone company said it reserved $840 million to resolve a possible FCPA enforcement action by the DOJ and SEC.

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Wednesday
Oct032018

SFO moves to seize Karimova assets

The UK Serious Fraud Office said Wednesday it is trying to recover assets bought with money connected to corrupt deals in Uzbekistan.

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Friday
Sep212018

Is compliance failing?

During most interviews, I'm asked this question or something like it: More companies than ever have compliance programs. Yet huge scandals keep making headlines. What gives?

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Tuesday
Jul102018

How do kleptocrats spend the money?

Last week police in Malaysia arrested former prime minister Najib Razak after seizing $273 million of loot from his houses and condos.

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Friday
Mar242017

Dutch, U.S. investigate ING for corruption

ING is under criminal investigation by Dutch prosecutors for money laundering and corruption in Uzbekistan, and authorities in the United States have also requested information from the bank.

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Thursday
Jan122017

VimpelCom and Telia prosecutor to speak at DC event (February 16)

Miranda van TurennoutDutch prosecutor Miranda van Turennout will deliver the keynote speech at GIR Live in Washington, DC on February 16.

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Tuesday
Nov292016

Geert Vermeulen: With U.S. help, Dutch enforcement makes dramatic leap

For many years the Dutch government lagged behind countries like the United States, the UK and Germany enforcing anti-corruption laws. But that has recently changed in a dramatic way.

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Friday
Oct282016

Och-Ziff and Embraer join our Top Ten Disgorgement List

Two recent enforcement actions included disgorgements to the SEC that are among the ten biggest FCPA disgorgments of all time.

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Monday
Sep192016

Cathalijne van der Plas: Once a laggard, the Netherlands finally tackles overseas bribery

First the good news. The Netherlands ranked fifth on the latest Corruption Perceptions Index, up from eighth last year, and now trailing only Denmark, Finland, Sweden, and New Zealand on the CPI.

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Thursday
Sep152016

Telia receives $1.4 billion settlement offer from U.S., Dutch authorities for Uzbekistan bribes

Telia chairman Marie Ehrling image (courtesy of Telia)Sweden's Telia Company said Thursday it received a proposal from U.S. and Dutch authorities to pay $1.4 billion to settle allegations of overseas bribery.

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