In recent remarks, Deputy Attorney General Rod Rosenstein announced significant revisions to the Department of Justice’s (DOJ) policies for enforcing the Foreign Corrupt Practices Act. The policy revisions make permanent many of the aspects of the FCPA Pilot Program which began in 2016 and sought encourage voluntary self-disclosures of FCPA violations by formalizing the
Criminal
Indictments Against Shipping Executives Demonstrate DOJ’s Commitment to Individual Accountability
By John Cornell Fuller on
Almost one year ago, the Department of Justice (DOJ) announced that Norwegian Shipping company Wallenius Wilhelmsen Logistics AS (WWL) had agreed to pay a $98.9 million fine for its role in a conspiracy to control prices for roll-on, roll-off cargo (such as cars, trucks, and agricultural equipment) shipped to and from the United States. At…
$3.5 Billion Fine Part of Guilty Plea in “Largest Foreign Bribery Case in History”
By John Cornell Fuller on
Earlier today, the Department of Justice announced that construction conglomerate Odebrecht SA and its affiliate Braskem SA have pleaded guilty to their maintenance of an elaborate bribery scheme which paid out approximately $788 million in bribes to government officials around the world since 2001.
To facilitate its massive bribery scheme, Odebrecht established its “Division of…
$99 Million Fine Agreed to in International Shipping Price-Fixing Investigation
By John Cornell Fuller on
Earlier this week, the Department of Justice (DOJ) announced that Norwegian Shipping company Wallenius Wilhelmsen Logistics AS (WWL) has agreed to pay a $98.9 million fine for its role in a price-fixing scheme with other international shipping companies that lasted more than a decade.
As part of an ongoing anti-trust investigation, WWL is the fourth…