Welcome to Dorsey & Whitney’s monthly Anti-Corruption Digest. In this digest, we draw together news of enforcement activity throughout the world and aim to reduce your information overload. Our London, Minneapolis, New York and Washington DC offices edit the digest and select the most important material so that you can use this digest as a single source of information.
In this edition, among the many topics discussed, we report on Alstom’s $772 million fine, the largest criminal fine in the history of the DOJ’s FCPA enforcement; Avon China’s guilty plea and agreement to pay $135 million to resolve criminal and civil actions brought by DOJ and the SEC and, among other updates, we give an end of year analysis of DOJ and SEC FCPA enforcement statistics. Reports from the UK include the SFO’s first Bribery Act prosecution; and the conviction of Smith and Ouzman Ltd and two of its senior executives for bribing foreign officials in Africa. Global updates include reports of a further conviction of a public official in China; former executives of the Norwegian chemical company, Yara International, facing trial for charges of “aggravated bribery”; plus anti-corruption developments in, Germany, Portugal, Venezuela and more from around the globe.
Download the full newsletter here.
Corruption issues are also addressed in the Anti-Fraud Network’s newsletters: see http://www.antifraudnetwork.com for current and archived material; see also the Computer Fraud website at http://computerfraud.us and SEC Actions at http://www.secactions.com.
To subscribe to future editions of the Anti-Corruption Digest, click here.