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 the $15 million agreement entered into by Analogic Corp. and its wholly-owned Danish subsidiary, BK Medical ApS, to settle parallel civil and criminal FCPA proceedings with the DOJ and SEC; an announcement made by the SEC that Johnson Controls, Inc. has agreed to pay more than $14 million to settle charges relating to books, records and internal accounting controls provisions; news that two former executives of Louis Berger International have been sentenced for their role in FCPA violations in relation to bribes of nearly $4 million paid to foreign officials in order to secure government contacts between 1998 and 2010; and reports that the DOJ has issued Congresswoman Corrine Brown and her chief of staff, Elias Simmons, with a 24-count indictment alleging that the Congresswoman solicited over $800,000 in donations for a Foundation that were instead used to pay for her personal expenses.
Updates from the U.K. include news that the SFO’s second application for a deferred prosecution agreement has been approved with regards to proceedings against an unnamed company following its alleged involvement in the payment of bribes to secure contracts in foreign jurisdictions; charges brought by the SFO against F.H. Bertling Ltd., a logistics and freight operations company, for allegedly conspiring to bribe an agent of the Angolan state oil company, Sonangol; and reports that the SFO has received “blockbuster funding” regarding its investigation into Eurasian Natural Resources Corporation.
Global updates include updates from Brazil regarding the country’s expanding corruption investigation, in which 19 individuals have been arrested as part of an inquiry into alleged corruption at a nuclear power plant owned by the state-led utility company Eletrobras; reports from Chile that a former high-ranking cabinet official is being investigated by Chile’s public prosecutor for bribery; a update from Iraq regarding a six month investigation into bribery and embezzlement, following which the country’s parliamentary Integrity Commission has requested that the government issue the arrest of 2165 individuals, including a number government ministers; reports from Russia including the arrest of the Governor of the Kirov region on charges of corruption after the Investigative Committee allegedly caught him in the act of accepting a bribe in a Moscow restaurant; plus anti-corruption developments in Argentina, Canada, China, Kosovo, South Korea and more from around the globe.
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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.