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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 Saudi Arabia (88)

Monday
Jul222019

Microsoft pays $25 million to resolve widespread FCPA violations

Microsoft Corporation paid the DOJ and SEC $25.3 million Monday to settle FCPA offenses related to its operations in Hungary, Saudi Arabia, Thailand, and Turkey.

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Tuesday
Feb192019

Arab countries prep launch of Shariah-compliant blockchain

Gulf Cooperation Council countries have been working since 2014 to weave Shariah-compliant blockchain technology and cryptocurrencies into their existing financial and legal infrastructure.

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Friday
Dec142018

Former Embraer sales exec avoids prison in Aramco bribes case

Colin Steven blew the whistle on himselfA former sales executive of Embraer SA was sentenced Wednesday to time served and fined $25,000 for paying a bribe to help sell jets to the giant oil company, Saudi Aramco.

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Thursday
Nov152018

OFAC adds 17 Saudis to Magnitsky sanctions list

Murdered Saudi journalist Jamal KhashoggiThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three Saudi officials and 14 members of a hit team for their role in murdering Washington Post contributing columnist Jamal Khashoggi.

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Thursday
Oct252018

Spanish defense contractor investigated for Saudi bribes

A special court in Spain is investigating executives at a state-owned defense company that allegedly paid millions in bribes to win weapons contracts with Saudi Arabia spanning two decades. 

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Thursday
Sep272018

Saudi Arabia removes statute of limitations for corruption investigations

Crown Prince Mohammed bin SalmanSaudi Arabia changed its law this week to remove the statute of limitations for anti-corruption investigations into current and former ministers of the world's largest petroleum exporter. 

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Wednesday
Feb212018

Bill Steinman: Managing mandatory subcontracts on offset deals

Your company has just won a major contract with a foreign government, and before you can even break out the champagne, your customer instructs you to engage a specific local subcontractor. Don’t worry -- it might not be ideal that your customer is telling you who to work with, but it’s not always a show stopper. 

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Tuesday
Nov142017

Selva Ozelli: Sharia compliant blockchain advances across Middle East

It’s ironic that Saudi Prince Al-Waleed bin Talal, the richest tech investor in the Middle East, criticized block chain technology and Bitcoin by calling it a "fraud."

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Tuesday
Oct242017

Susan Hawley: Is Airbus a repeat of the BAE-Al Yamamah fiasco?

The UK Serious Fraud Office has been investigating corruption allegations against Airbus subsidiary GPT on a Saudi contract overseen by the UK Military of Defense. The case has alarming similarities with the BAE-Al Yamamah case from a decade ago.

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Monday
Jun122017

Arms dealer who helped inspire FCPA dies in London

Adnan Khashoggi, the Saudi arms dealer in the middle of the giant 1970s bribery scandal that led to enactment of the Foreign Corrupt Practices Act, has died in London at 81.

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Friday
Mar172017

French authorities join Airbus bribery probe

Airbus Group SE said Thursday that French investigators have opened a preliminary investigation into allegations of fraud, bribery, and corruption in the company's civil aviation business.

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Friday
Oct282016

Saudi Aramco: Our employee took bribe from Embraer

Saudi Aramco reportedly confirmed Friday that one of its employees took a bribe for arranging a deal with aircraft maker Embraer SA. 

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