Political Law

Mexico's state oil giant Petroleos Mexicanos (Pemex) filed a lawsuit in U.S. federal court last week against Siemens and South Korea's SK Engineering & Construction Co. Ltd. to recover about $160 million in damages caused by their bribery.

Our series on the cornerstones of integrity has brought us to the topic of greed and what drives it.

The Chinese internet’s “human flesh searches” intended to name and shame misbehaving officials have developed a new wrinkle.

We saw in yesterday’s post that awarding restitution to the governments whose employees accepted (or solicited) the bribes doesn’t quite work.

As reported last week, the Las Vegas Sands said it has improved its internal controls. The board's audit committee, according to the company, now believes the internal controls 'do not represent a material weakness . . . over financial reporting.'

One of the defendants in the failed Africa sting FCPA prosecution was Mark Morales. He worked for a military ordnance maker that was part of the Allied Defense Group.

I’ve argued in this series (see links to the prior posts below) and in this paper that FCPA enforcement should benefit the victims of bribery -- namely, the citizens of the countries in which the bribery occurs. Congress intended the statute to do this very thing, and it should do so now.

Job Title: General Counsel Company: TheStreet Location: New York, NY

Frederic Bourke is now an inmate of Englewood Camp, a minimum-security facility in the southwest suburbs of Denver, Colorado, in the foothills of the Rocky Mountains.

According to online allegations, Tao Mingzhe, deputy director of Shenzhen (Guangdong Province) People’s Hospital’s anesthesiology department, took bribes worth millions of dollars from drug and medical device companies, and has two mistresses. Pharma companies allegedly paid for Tao to go on sightseeing trips and attend symposiums. He is being investigated by anti-corruption authorities. The hospital said Tao is still at his post. http://fanfu.people.com.cn