Chi Ping Patrick Ho, a/k/a Patrick C.P. Ho. was found guilty by a Manhattan jury as the Digest was going to press. Mr. Ho, charged with participating in a multi-year scheme to bribe top officials of Chad and Uganda to secure business advantages for CEFC China Energy Company Limited, was found guilty of violating the Foreign Corrupt Practices Act, international money laundering laws, and of conspiracy to commit each violation. Sentencing is scheduled for March 14, 2019. For further details on the underlying allegations please see the December Anti-Corruption Digest, North American Section here.
In the North American Section
- A key discussion on the DOJ’s new approach to cooperation
- An analysis of the new “China Initiative”
- An update on the Venezuelan bribery scandal
In the European Section
- An update on the U.K. investigation of oil firms tied to the Brazilian “Car Wash” scandal
- An analysis of the SFO’s first deferred prosecution agreement
In the Middle East Section
- A discussion of the potential for Israel to face international sactions
- An analysis of the UAE suit against Goldman Sachs
In the Asia Section
- A review of the increasing turmoil in Sri Lanka tied to corruption
- A discussion of the arrest of a judge and court clerks in Indonesia
- An analysis of the arrest of the former Nissan Chairman
- An account of the charges for against the Technit CEO re the “notebooks”
- The efforts of Peru’s former president to secure asylum in Urugay
We hope you find this information useful. To view this issue, click here.
Corruption issues are also addressed on the Computer Fraud website at http://computerfraud.us/ and SEC Actions blog at www.secactions.com. To subscribe to future editions of the Anti-Corruption Digest, click here.