Whistleblower Network News

JANUARY 4, 2024

In a new article for Bloomberg , Kohn outlines how the program is set up to be a game changer for the United States’ anti-corruption efforts. The Anti-Money Laundering Whistleblower Improvement Act has potential to be the most effective transnational anti-corruption law on the books,” writes Kohn. “In Kohn further notes that other U.S.

Corruption 103

Corruption Networking IT 103

Whistleblower Network News

OCTOBER 16, 2024

For example, “TD Bank facilitated over $400 million in transactions for Da Ying Sze (Sze), who pled guilty to money laundering in 2022 for his role in conspiring to hide proceeds of narcotics trafficking,” according to FinCEN. The vast majority of financial institutions have partnered with FinCEN to protect the integrity of the U.S.

Corruption 105

Corruption Networking Finance Accountability 105

Kluwer Arbitration

OCTOBER 29, 2023

On 1 December 2022, the Tribunal in the Panamericana Television S.A After acquiring an indirect majority control over the company, Mr. Schütz appeared in a video leak of bribery acts (known as the “Vladivideos” leak, one of the most infamous corruption scandals of Peruvian history).

Corruption 52

Corruption Bidder Tender Management 52

Whistleblower Network News

FEBRUARY 5, 2024

The three senators, who were instrumental in leading the Senate to its unanimous passage of the Act at the end of 2022 , wrote that “We were proud to introduce and pass this legislation because it provides vital support to U.S. ’” FinCEN has also failed to publish draft rules for the whistleblower program.

Demand 112

Demand Corruption Media Networking 112

Kluwer Arbitration

MARCH 26, 2024

The awards rendered in 2022-2023 have remained consistent, with all 19 publicly available awards rendered in favor of the investor stipulating interest payments. The State’s sovereign cost of debt approach has been followed in 31% of the awards rendered in 2022-2023 (e.g. (See Article 38, Commentary 1). Michael Antony v.

Accountability 64

Accountability Finance Utilities IT 64

Open Contracting Partnership

SEPTEMBER 9, 2024

billion as having three or more red flags for corruption risks and conflicts of interest (see Annex 3 of the report for 14 red flags they used). And analysis by Spotlight on Corruption suggests that HPL contracts seem to have had a higher failure rate than other Covid PPE contracts (over half of the spending!).

Procurement 115

Procurement Transparency Corruption Buyers 115

Public Procurement Intl

OCTOBER 25, 2023

The SBIR program, which has been extensively studied , was an inspiration for the European Union’s “ Innovation Partnerships ” strategy under the EU Procurement Directives , and for the United Kingdom’s Small Business Research Initiative (SBRI) (see 2017 study ; 2022 study ).

Public Procurement 113

Public Procurement Innovation Procurement Budget 113

GovCon & Trade

DECEMBER 20, 2023

On December 14, the Department of Justice (DOJ) announced that Freepoint Commodities LLC, a Connecticut-based commodities trader, had agreed to a three-year deferred prosecution agreement (DPA) to resolve a DOJ investigation into violations of the Foreign Corrupt Practices Act (FCPA).

Corruption 147

Corruption Consulting Transportation Transportation 147

Kluwer Arbitration

APRIL 2, 2024

On its part, the Respondent raised several objections to the jurisdiction of the Tribunal, specifically pointing to several instances of corrupt and illegal acts allegedly committed by Worley at the making and during the operation of the investment. Worley may have willfully failed to monitor and investigate Tecnazul’s corrupt activities.

Corruption 40

Corruption Bidding Balance Public Procurement 40

Whistleblower Network News

OCTOBER 8, 2024

While meager annual award payouts hovered around $37 million throughout 2021 and 2022 , the average time to process an award soared to over 11 years. In 2022, John Hinman became the Director of the Whistleblower Office and began implementing measures to improve the program. The potential impact of these reforms is significant.

Leadership 94

Leadership Corruption Budget Networking 94

Whistleblower Network News

JANUARY 12, 2024

Securities and Exchange Commission (SEC) announced a $100 million settlement with global software company SAP SE over charges of violations of the Foreign Corrupt Practices Act (FCPA). anti-corruption law that prohibits the payment of anything of value to foreign government officials in order to obtain a business advantage.

Corruption 84

Corruption Telecommunication Accountability Consulting 84

Kluwer Arbitration

AUGUST 7, 2024

372-2021-CCL, 13 December 2022 Marianella Ventura Silva, Centro de Arbitraje, CCL, ITA Reporter for the CCL The arbitral tribunal dismissed the objection of lack of competence filed by the SEDAPAL. PI7947-22, 05 September 2022 Elizaveta Mikaelyan, RAC, ITA Reporter for the RAC A dispute from a contract for the supply of perishable goods.

Freight 52

Freight Transportation Transportation Contract 52

Kluwer Arbitration

NOVEMBER 10, 2023

Intermediate People’s Court of Beijing, (2022) Beijing 04 Minte No. 64, 27 December 2022 Arthur X. Intermediate People’s Court of Beijing, (2022) Beijing 04 Minte No. 3, 30 December 2022 Arthur X. 2022/438, Case No. 2022/5454, Case No. Fujian Dragongate Wine & Spirits Co.

Contract 52

Contract Balance Media Electronics 52

Whistleblower Network News

MARCH 1, 2024

Securities and Exchange Commission (SEC) Office of the Whistleblower posted a Notice of Covered Action (NoCA) for a $100 million settlement with global software company SAP SE over charges of violations of the Foreign Corrupt Practices Act (FCPA). The NoCA signals that the SEC is now accepting whistleblower award claims for the case.

Telecommunication 88

Telecommunication Corruption Media Consulting 88

Whistleblower Network News

NOVEMBER 14, 2023

According to the agency’s 2022 Fiscal Year report , “[e]nforcement actions brought using information from meritorious whistleblowers have resulted in orders for more than $6.3 ” The SEC Whistleblower Program has awarded more than $1.8 billion to whistleblowers. billion in total monetary sanctions, including more than $4.0

Thresholds 104

Thresholds Finance Corruption Networking 104

Open Contracting Partnership

DECEMBER 12, 2023

Results: Since the Contract Monitoring System’s launch in April 2022, around 560 civil society monitors have examined 345 projects. As the PPDA, we are currently doing audits on FY 2022-23. Imagine a world where projects are monitored in real-time, complaints are reduced, and citizens actively participate in shaping their communities.

Public Procurement 134

Public Procurement Procurement Contract Collaboration 134

Kluwer Arbitration

DECEMBER 20, 2023

1782/2022 (Commercial) , the DCC did not allow the claimant to have recourse to the courts to hear his claim. 1514/2022 (Commercial) (also discussed in a prior blog post ). to Appendix I of the DIAC Arbitration Rules 2022). Relevant decisions have been previously examined in a previous blog post here. Post-Decision No.

Corruption 105

Corruption IT Import 105

Kluwer Arbitration

NOVEMBER 24, 2023

More from our authors: Dealing with Bribery and Corruption in International Commercial Arbitration: To Probe or Not to Probe by Emmanuel Obiora Igbokwe € 190 Arbitration in Egypt: A Practitioner's Guide by Ibrahim Shehata € 190 JFI Global Purchasing Ltd & Loblaw Companies Limited (Final Award), ICC Case No.

Telecommunication 52

Telecommunication Distribution Transportation Transportation 52

Kluwer Arbitration

DECEMBER 28, 2023

The UNCITRAL Draft Codes of Conduct and Commentary (2022) recommended abolition of double hatting while introducing an extensive disclosure regime. Furthermore, such disclosure obligations have already been satisfactorily addressed by the new ICSID Arbitration Rules 2022 following the annulment decision in Eiser v Spain (2020).

Thresholds 95

Thresholds Influencing Corruption IT 95

ivalua

AUGUST 21, 2022

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

Procurement Strategies 96

Procurement Strategies Sustainability Procurement Supply Chain 96

Open Contracting Partnership

AUGUST 3, 2023

On April 24 2022 Serik organized a public event in the Academy highlighting approaches promoting interaction between government institutions and civil society in procurement. Rachmaninov went on to organize his own distance learning course for experts and activists in September 2022, with a mini-grant from the School.

Procurement 52

Procurement Public Procurement E-procurement Participation 52

Open Contracting Partnership

SEPTEMBER 19, 2024

Japan is generally perceived as a country with little political corruption. Many leaders may only consider reforming the procurement system if some corruption scandal emerges. Why is open contracting policy needed in Japan?

Contract 65

Contract Transparency Public Procurement Corruption 65

Kluwer Arbitration

JULY 8, 2024

It found that neither the contract nor the addendum was void due to the corruption allegations. However, in 2022, the arbitral tribunal rendered its second award , granting Rutas de Lima damages for lost profits, along with non-compounding interests and arbitration costs. In 2020, the arbitral tribunal rendered its decision.

Corruption 52

Corruption Contract Procurement IT 52

Whistleblower Network News

OCTOBER 11, 2023

From late 2019 through 2022, the United States Fish and Wildlife Service (FWS) issued twenty-one whistleblower awards to individuals who provided high-quality information about wildlife crime. From November 21, 2019 through August 12, 2022, FWS paid out twenty-one whistleblower awards. In contrast to FWS, other U.S.

Utilities 127

Utilities Accountability Quality Networking 127

Kluwer Arbitration

OCTOBER 8, 2023

The third judgment, with a comment by Etienne Marque, is the latest saga in the remarkable string of French cases pursuant to which the annulment judge is granted the power to investigate all the elements of corruption in law and in fact.

Corruption 98

Corruption IT Management Contract 98

Kluwer Arbitration

MARCH 5, 2024

Ace Lead Profits Ltd and Another [2022] HKCFI 3342 , quoting from Chimbusco International Petroleum (Singapore) PTE Ltd v. A recent decision in the Singapore High Court, Re Shanghai Xinan Screenwall Building & Decoration Co, Ltd [2022] SGHC 58 (“ Re Xinan “), provides some insight.

Engineering 105

Engineering Contract Government Government 105

Open Contracting Partnership

JUNE 3, 2024

The Umucyo platform is used by 1194 government agencies down to district hospitals – an increase from just over 200 in 2022 – with more than 13,800 suppliers and 26,800 contracts awarded. Using data to address fraud and corruption The increased digitalization has provided new opportunities to identify bad behavior and corruption risks.

Public Procurement 79

Public Procurement Procurement E-procurement Transparency 79

Whistleblower Network News

DECEMBER 30, 2024

AML Whistleblower Program Gains Steam In 2024, the Anti-Money Laundering and Sanctions Whistleblower Program, which was reformed into an effective program in the final days of 2022, began to pick up steam and generate hundreds of tips on money laundering and sanctions violations.

Whistle-blowing 55

Whistle-blowing Networking Corruption Import 55

Kluwer Arbitration

JUNE 19, 2024

In the 2022 case of Omega Engineering LLC and Oscar Rivera v. Additionally, the Claimants claimed that Panama’s actions included a smear campaign, which involved a criminal investigation into corruption allegations against Mr. Rivera, damaging his global reputation. Republic of Panama (ICSID Case No.

Corruption 52

Corruption Balance Capacity Contract 52

Kluwer Arbitration

JULY 1, 2024

Nigeria arbitral award and the issue of fraud and corruption. Patocchi spoke about the issue of a challenges to awards on grounds of corruption or fraud tainting the proceedings. In Sorelec , the Paris CoA set aside the award even though the alleged corruption was not raised before the arbitral tribunal. He referred to Prof.

Corruption 52

Corruption Export Import Transparency 52

Kluwer Arbitration

AUGUST 6, 2024

For the first time under Rule 54(2) of the ICSID 2022 Arbitration Rules , the Tribunal in Ruby River Capital LLC v. This post examines the standard established by the Tribunal for suspension of the proceeding under the ICSID 2022 Arbitration Rules. Canada (ICSID Case No.

Balance 69

Balance Efficiency IT Corruption 69

Kluwer Arbitration

DECEMBER 12, 2024

Other steps to foster gender diversity include the adoption in 2022 by the Saudi Cabinet of Ministers of its Decision No. in 2021 (as reported by the last comprehensive set of data published in the 2022 ICCA Report on Gender Diversity in Arbitration Proceedings, here: [link] ). These and other efforts have yielded results.

IT 52

IT Participation Data Corruption 52

Kluwer Arbitration

JANUARY 12, 2024

ICSID reported that, out of the new forty-five registered cases, twenty-one were brought against Latin American and Caribbean states (the annual report covers the fiscal year from July 1, 2022 to June 30, 2023). Corruption allegations in arbitration proceedings relating to Peru remain very common.

Corruption 52

Corruption Telecommunication Tender Insurance 52

Kluwer Arbitration

FEBRUARY 12, 2024

In Europe, the debate continues regarding the nature of the submission to arbitration under the auspices of the Court of Arbitration for Sport (“CAS”) after the landmark ruling by the German Federal Constitutional Court in 2022 in the case concerning the German ice-skating champion, Ms. Claudia Pechstein. 2(1) in conjunction with Art.

Corruption 59

Corruption Collaboration IT 59

Open Contracting Partnership

FEBRUARY 1, 2024

We are also very pleased that we achieved one of the closest gender balances in survey responses last year, closing the gap between Men and Women from a 22% differential in 2022, to an 11% differential in 2023. Across the last five years, this puts us at an average of Net Promoter 82, exceeding our strategy cycle target of 80.

E-procurement 74

E-procurement Public Procurement Capacity Procurement 74

Whistleblower Network News

NOVEMBER 16, 2023

Whistleblower advocates argue that these restrictions dissuade potential whistleblowers from engaging with the program, interfering with the agency’s objective of identifying corruption. In 2022, Krupski was fired for bad behavior, poor time management, and being a “negative influence.”

Education 97

Education Whistle-blowing Media Data 97

Kluwer Arbitration

MARCH 9, 2024

Key cases around enforcement include CEF and CEG v CEH [2022] SGCA 54 , CVG v CVH [2022] SGHC 249 (as covered in a previous blog post ) and CZD v CZE [2023] SGHC 86. It is noteworthy that more recent analysis in this 2023 blog post showed that the enforcement rate for applications made between 2012 and 2022 had reached 91%.

Ethics 52

Ethics Corruption Finance Negotiation 52