Weekly Industry News – Anti-Corruption / FCPA & International Trade

Anti-Corruption/ FCPA and International Trade – this week update includes  pressing anti-corruption issues in 2014, Ericsson brides Greek officials and more.


DOJ and SEC Representatives Tackle Pressing Anti-Corruption Issues in 2014 by Brian F. Saulnier & Nicole Stockey Published on jdsupra 

On March 20th and 21st, U.S. regulators, practioners, and other anti-corruption industry professionals gathered in Washington, D.C. for the Second Annual Global Anti-Corruption Congress… [ Read More ]


Ericsson money was used to bribe Greek officials: reportReporting by Sven Nordenstam, Additional reporting by Harry Papachristou in Athens; Editing by Mark Potter Published on Reuters 

(Reuters) – Swedish mobile telecoms equipment maker Ericsson paid 116 million Swedish crowns ($18 million) to a commercial agent, money which was then used to bribe Greek officials to secure a deal for Ericsson in 1999, Swedish radio reported on Wednesday… [ Read More ]


Three TSKJ partners pay $17 million penalty to Africa Development Bank by Richard L. Cassin Published on The FCPA Blog 

Kellogg Brown & Root LLC, Technip S.A., and JGC Corp. agreed to pay $17 million in penalties in a settlement with the African Development Bank (ADB) for corrupt practices by affiliated companies in connection with contracts for liquefied natural gas production plants on Bonny Island, Nigeria from 1995 until 2004… [ Read More ]


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