The Department of Justice issued a press release announcing another Foreign Corrupt Practices Act indictment today. John W. Warwick, 63, was charged in U.S. District Court for the Eastern District of Virginia with conspiring to make corrupt payments to foreign government officials for the purpose of securing business for Ports Engineering Consultants Corporation (PECC) in […]
Category: FCPA
DynCorp and the Foreign Corrupt Practices Act
WSJ’s Law Blog reports on DynCorp’s actions after its recent disclosures relating to the Foreign Corrupt Practices Act. Here’s the situation: DynCorp, a defense contractor, last week fired one of its top lawyers — executive counsel and chief compliance officer Curtis Schehr. The company didn’t explain the move, which was announced in an SEC filing […]
Foreign Corrupt Practices Act case dropped
The Department of Justice announced that charges against Statoil ASA have been dropped. After three years of satisfying obligations under a deferred prosecution agreement, the charges against Statoil ASA for violating the anti-bribery and accounting provisions of the Foreign Corrupt Practices Act (FCPA) have been dismissed with prejudice. Statoil is an international oil company headquartered […]