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How the world’s biggest companies bribe foreign governments—in 11 charts

Corruption knows no boundaries, or borders, according to a new study released by The Organization for Economic Cooperation and Development. The OECD analyzed 427 foreign bribery cases that were closed between 1999 and 2014. What theShow More Summary

Report: UK Foreign Aid 'Encouraging Corruption'

Taxpayers' money is funding corruption in foreign countries, a damning report has revealed. The Independent Commission for Aid Impact (ICAI) says the British aid is actively encouraging corrupt practices, such as bribery. In one scheme,...Show More Summary

This Is How Thoroughly Rotten and Corrupt Hong Kong's Current Government Is

When I read Hong Kong leader C.Y. Leung's statements to the foreign media, I think, "He really needs to sack his PR guy." Whether he believes what he is saying or not, we know that he is mouthing the party line because to control Hong...Show More Summary

This Is How Thoroughly Rotten and Corrupt Hong Kong's Current Government Is

When I read Hong Kong leader C.Y. Leung's statements to the foreign media, I think, "He really needs to sack his PR guy." Whether he believes what he is saying or not, we know that he is mouthing the party line because to control Hong...Show More Summary

This Is How Thoroughly Rotten and Corrupt Hong Kong's Current Government Is

When I read Hong Kong leader C.Y. Leung's statements to the foreign media, I think, "He really needs to sack his PR guy." Whether he believes what he is saying or not, we know that he is mouthing the party line because to control Hong...Show More Summary

Exporting Corruption

From Transparency International: The OECD Anti-Bribery Convention, adopted in 1997, requires each signatory country to make foreign bribery a crime for which individuals and enterprises are responsible. The Convention is a key instrument...Show More Summary

JPMorgan Tried To Find A Legal Way To Hire Chinese Powerbrokers’ Children

Eight years ago, there was much handwringing over the plan. Such as, won’t this violate the Foreign Corrupt Practices Act and lead to an extremely embarrassing criminal investigation one day? And, how we will make sure that the brain-dead...Show More Summary

Foreign official gives up Malibu home in federal 'kleptocracy' probe

2 months agoSports / Baseball : Dodgers Now

The west African nation of Equatorial Guinea ranks among the world's most impoverished places, but oil and gas deposits over the last two decades have led to extensive wealth, corruption and, in at least one case that became public Friday, the high life in Malibu.

BREAKING: Wall Street Is a Sinkhole of Corruption and Fraud

The New York Times reports on the latest in Wall Street malfeasance: With evidence mounting that a number of foreign and American banks colluded to alter the price of foreign currencies, the largest and least regulated financial market,...Show More Summary

Kazakhstan Warns Children Against Noted Hooligan, SpongeBob SquarePants

3 months agoPop Culture / Celebrity : Jezebel

The Republic of Kazakhstan has joined the foreign policy debate, taking a harsh stance on marine matters—the country has deemed SpongeBob SquarePants, the lovable star of the eponymous TV show a goddamn hooligan, out to corrupt the minds of the nation's children. Read more...

Likonomics: the China buzzword that wasn’t

A year ago, Premier Li Keqiang seemed to be driving forward economic reform. Now he looks more of a passenger. China’s agenda is dominated by fighting corruption and targeting perceived rent-seeking. Market reforms, and foreign investors, have moved down the pecking order.

Gunmaker Smith & Wesson Is Paying $2 Million To Settle Corruption Charges (SWHC, SPX, SPY, IWM)

Gunmaker Smith & Wesson has agreed to pay $2 million to settle with the Securities and Exchange Commission over allegations the company violated the Foreign Corrupt Practices Act. The SEC said employees and representatives of the company,...Show More Summary

How Drugmakers Are Behaving in China

From allegations of corruption by one of the world’s biggest pharmaceutical firms and the appearance of a sex tape involving a senior executive, to the arrest of British citizens by a foreign power, the Telegraph reported today, “the story has all the makings of a sensational spy thriller.” read more

Indonesian election: Jokowi scores in extra time, but will it be enough?

For much of this year, Prabowo Subianto has run for president of Indonesia by delivering charismatic polemics on the campaign trail against local corruption and foreign exploitation. In a country where the people are desperate for aShow More Summary

Rupert Murdoch’s troubles are far from over

6 months agoNews : The Great Debate

With convictions secured in Britain for bribing public officials, there is already enough evidence for U.S. authorities to pursue News Corp. under the Foreign Corrupt Practices Act.

FCPA Inc.: Recommendations from Mike Koehler, the “FCPA Professor”

Categories: Commentary, Public Sector, Supplier Management, Supplier Risk and Compliance Management Tags: Incendiary Tidbits This is the second in a two-part series on the Foreign Corrupt Practices Act, Part 1 of which we published yesterday. Show More Summary

FCPA Inc.: How the Foreign Corrupt Practices Act Became an Industry Unto Itself

Categories: Commentary, Public Sector, Supplier Management, Supplier Risk and Compliance Management Tags: Incendiary Tidbits Does the following sound like you? You have clients or prospects in the public sector overseas. You do business...Show More Summary

Foreign Company Corruption in China

As the Chinese government starts cracking down foreign company corruption in China, beginning with the pharmaceutical sector, China Law Blog advises: if you are worried about getting arrested in China for something that your company has done, you should leave. Now. Written by Oiwan Lam · comments (0) Donate ·...

Ugandan Foreign Minister Who Called Gays 'Disgusting' Elected President of UN General Assembly: VIDEO

6 months agoLGBT / Gay : Towleroad

Ugandan Foreign Minister Sam Kutesa was elected President of the UN General Assembly on Wednesday, the AP reports: "I have never been found corrupt," Kutesa told reporters immediately after the election. "I'm not homophobic, and I believe that I'm (the...

Bribery: Ethical Failure and Competitive Failure

Last week saw the sentencing of Nazir Karigar to 3 years in jail, under Canada’s Corruption of Foreign Public Officials Act. This week, the RCMP have charged two Americans and one British businessman, demonstrating the force’s willingness to extend its reach to non-Canadians in its efforts to combat corruption. The three, all working with one […]

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