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European Court of Auditors publishes report on public procurement

Telles.eu

The European Court of Auditors published yesterday its report on EU public procurement between 2011 and 2021 , looking into the competition for public contracts covered by EU rules. We also note that some of the objectives of the 2014 reform may at times go against the overarching objective of ensuring competition in public procurement.”

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Director of UK’s SFO Advocates for Whistleblower Awards

Whistleblower Network News

According to data published by the SEC between 2011 and 2021 , whistleblowers in the United Kingdom are flocking to report to the SEC Whistleblower Program. Since the SEC Whistleblower Program was established in 2010, it has paid over $1.9 Notably, whistleblowers from outside the U.S.

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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

authorities announced major settlements with defense contractor RTX (formerly known as Raytheon Technologies Corporation) over allegations that the company violated both the Foreign Corrupt Practices Act (FCPA) and False Claims Act (FCA). On October 16, U.S. Department of Justice (DOJ) announced a $950 million settlement while the U.S.

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Three Black Women Whistleblowers That Broke Silence and Caused Sweeping Reforms

Whistleblower Network News

As Black History Month transitions into Women’s History Month, WNN highlights Dr. Toni Savage, Bunny Greenhouse, and Dr. Duane Bonds, whose outspoken whistleblowing activity against corruption led to significant change. In 2011, she agreed to a settlement of $970,000 in full restitution of lost wages, compensatory damages, and attorney fees.

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An End to the Taisei Saga in Pakistan

Kluwer Arbitration

Historical Background Historically, the enforcement of foreign arbitral awards in Pakistan required filing an application before the respective provincial High Court under Section 6 of the Recognition and Enforcement (Foreign Arbitral Awards and Arbitration Agreements) Act of 2011 (“2011 Act”).

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

As these common “green procurement” strategies are adopted by governments around the world, the UN Commission on International Trade Law (UNCITRAL) model law on public procurement , last revised in 2011, could be updated to facilitate implementation.

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Mongolia: Investment Related Developments in the Mining Sector

Kluwer Arbitration

In 2011, the tribunal ruled that the windfall profit tax did not breach the BIT. Between 2005 and 2011, Mongolia experienced a substantial increase in foreign direct investment (“FDI”), surging from $187.6 In 2006, the parties settled and the case was discontinued. State Department. million to $4.5 million in 2015.