Government Contracts

OCTOBER 7, 2024

Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo. After the U.S.

Corruption 52

Corruption Evaluation 52

Open Contracting Partnership

AUGUST 28, 2024

Challenge: Indonesia’s public procurement sector is highly vulnerable to corruption. Public procurement stands out as the most vulnerable sector to corruption in Indonesia. The collaboration revolves around the corruption risk monitoring platform, Opentender.net , developed by ICW and the national public procurement agency LKPP.

Corruption 90

Corruption Data E-procurement Procurement 90

Open Contracting Partnership

DECEMBER 8, 2023

Challenge: In 2020, public procurement in the Dominican Republic lacked public trust and credibility due to several high-level corruption scandals. Corruption in public procurement makes us poorer and takes our rights away.” So the DGCP adopted a three-pronged approach to improve things.

Corruption 77

Corruption Collaboration Data Public Procurement 77

Whistleblower Network News

NOVEMBER 8, 2023

On November 3, a group of 301 civil society organizations and experts from 99 countries around the globe sent an open letter to UN Convention Against Corruption (UNCAC) State Parties calling for a strong resolution to be adopted at the upcoming Conference of State Parties (CoSP) 10 to prevent and combat environmental crime and corruption.

Corruption 79

Corruption Supply Chain Participation Networking 79

Whistleblower Network News

JUNE 5, 2024

On May 7, the Malaysian government launched its 2024-2028 National Anti-Corruption Strategy (NACS), a continuation of its 2019 National Anti-Corruption Plan (NACP) that ended in 2023. billion per year and, using figures from the World Bank, make the average cost of corruption around 3% of annual GDP.

Corruption 70

Corruption Accountability Finance Government 70

Utrecht University

MAY 28, 2024

In this Transactional talk, organised by UUCePP and IOS platform The Transactional State, Saverio di Giorno will speak about Construction-based corruption

Corruption 52

Corruption 52

Whistleblower Network News

NOVEMBER 6, 2023

Treasury Department and Financial Crimes Enforcement Network (FinCEN) to craft regulations for the recently established Anti-Money Laundering (AML) Whistleblower Program that are consistent with the United States’ global anti-corruption agenda. s anti-corruption agenda.

Corruption 64

Corruption Import Utilities Networking 64

Government Contracts

APRIL 9, 2024

Army terminated two contracts has urged the Court of Federal Claims to reject government allegations that the company was involved in a corruption scheme, saying those arguments were inaccurate and irrelevant. An Afghanistan-based fuel supplier seeking $47.2 million after the U.S.

Corruption 52

Corruption Supplier Contract Government 52

Kluwer Arbitration

OCTOBER 29, 2023

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). The Tribunal, quoting the World Duty Free v.

Corruption 52

Corruption Bidder Tender Management 52

Government Contracts & Investigations

DECEMBER 6, 2023

The Foreign Corrupt Practices Act (“FCPA”) prohibits U.S. companies from engaging in bribery and corruption abroad when the payments are directed at foreign government officials to gain an improper business advantage. [4] 3] What is the FCPA? American companies acquiring foreign corporations need to assess the risks carefully.

Corruption 52

Corruption Internal Control Ethics Accountability 52

Curbing Corruption in Government Contracting

SEPTEMBER 24, 2020

Anti-corruption in aid-funded procurement: Is corruption reduced or merely displaced? Available online: [link] Given a widespread sense among donors that mainstream anti-corruption reforms over the past 25 years have failed to yield results, there is a move towards more targeted interventions. David-Barrett E. and Fazekas, M.

Corruption 52

Corruption Procurement E-procurement Tender 52

Watson & Associates

AUGUST 29, 2023

While this provides significant growth opportunities, it also exposes them to potential legal risks, including violations of the Foreign Corrupt Practices Act (FCPA). To ensure compliance with this critical legislation, companies must be diligent in implementing best practices.

Corruption 52

Corruption Government Contracts Contract Government 52

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 52

Corruption Bidding Balance Public Procurement 52

Government Contracts

JANUARY 17, 2024

All signs point toward another year of blockbuster public corruption prosecutions in 2024, revealing broader trends in enforcement and jurisprudence, and promising valuable lessons for defense strategy, says Kenneth Notter at MoloLamken.

Corruption 40

Corruption 40

Curbing Corruption in Government Contracting

OCTOBER 5, 2020

The Corruption Cost Tracker: Quantifying the costs of corrupt contracting and the savings to be made from reform. It is highly vulnerable to corruption with estimates of losses amounting to 10-20%. It is highly vulnerable to corruption with estimates of losses amounting to 10-20%. Fazekas, M., Dávid-Barret, E.,

Corruption 52

Corruption E-procurement Public Procurement Contract 52

University of Bristol

NOVEMBER 15, 2021

It should then not be surprising that the possibility that artificial intelligence (AI) could ‘change the rules of the game’ (eg Santiso, 2019 ) and bring procurement corruption to an end is receiving significant attention.

Corruption 52

Corruption Public Procurement Procurement Data 52

Utrecht University

OCTOBER 27, 2023

Joras Ferwerda will speak about Researching Corruption in Public Procurement.

Public Procurement 52

Public Procurement Corruption Procurement 52

Government Contracts

DECEMBER 6, 2023

A Venezuelan state-owned mining company urged the Eleventh Circuit on Wednesday to vacate a $188 million arbitration penalty stemming from disputes over iron ore operations, saying the arbitrators are "advancing corruption and bribery" that a former British Virgin Islands minerals business partner used to procure a contract.

Corruption 40

Corruption Procurement Contract 40

Government Contracts

OCTOBER 21, 2024

Former Illinois House Speaker Michael Madigan and his loyal right hand Michael McClain engaged in an eight-year "campaign of bribery," leveraging his public office and leadership roles to steer business to Madigan's property tax law firm, enrich his allies with do-nothing jobs and maintain his considerable political power, prosecutots told an Illinois (..)

Corruption 52

Corruption Leadership 52

GovCon & Trade

JANUARY 12, 2024

I recently provided comments for an article in the Anti-Corruption Report examining recent Department of Justice (DOJ) settlements under the Foreign Corrupt Practices Act (FCPA). In two of the settlements, U.K.-based

Import 147

Import Corruption Contract Government 147

Government Contracts

AUGUST 5, 2024

A Manhattan federal judge hit a retired public housing worker with 20 months in prison on Monday for taking over $83,000 of bribes, showing that prison is the most likely outcome for those convicted of felonies in the anti-bribery sweep.

Corruption 52

Corruption 52

Government Contracts

DECEMBER 21, 2023

Congress recently passed the Foreign Extortion Prevention Act, significantly expanding the U.S. government's ability to prosecute foreign officials who seek or demand bribes, but if enacted, the legislation could also create tension with other nations, say attorneys at Ropes & Gray and Mayer Brown.

Corruption 52

Corruption Demand Government Government 52

GovCon & Trade

NOVEMBER 15, 2023

Two recent opinions released by the Department of Justice (DOJ) serve as a reminder that even under the strictly enforced Foreign Corrupt Practices Act (FCPA), payments to government officials are permissible in certain situations. In addition, the agency asserted that it had no non-routine business in front of the foreign officials.

Corruption 147

Corruption Logistics Transportation Transportation 147

Whistleblower Network News

NOVEMBER 14, 2024

agreed to pay $85 million to settle charges that the company violated the Foreign Corrupt Practices Act (FCPA) by engaging in a bribery scheme in Venezuela. million in corrupt payments to an intermediary, knowing that some of those funds would be paid as a “commission” to Venezuelan government officials.”

Telecommunication 87

Telecommunication Corruption Supplier Price 87

Whistleblower Network News

SEPTEMBER 11, 2024

whistleblower attorney is in Geneva, Switzerland to address the United Nations Human Rights Council , highlighting the essential role of whistleblowers in defending human rights and fighting corruption worldwide and stressing the importance of stronger legal frameworks. On September 11, Stephen M.

Corruption 116

Corruption Education Networking Import 116

Open Contracting Partnership

OCTOBER 3, 2023

Throughout the pandemic, significant amounts of public funds were disbursed without seeking parliamentary approval, and the procurement process itself became tainted by multiple instances of corruption and cronyism. It would signify a major leap forward in Malaysia’s battle against corruption and mismanagement of public funds.

Public Procurement 121

Public Procurement Procurement Corruption Transparency 121

Government Contracts

NOVEMBER 6, 2024

A contractor on an ill-fated Guatemalan power plant construction project urged the Eleventh Circuit on Wednesday to reconsider its decision refusing to vacate an arbitral award favoring the plant's owner, saying the panel failed to properly consider "clear evidence" of corruption tarnishing the underlying contract.

Corruption 93

Corruption Contract IT 93

Kluwer Arbitration

OCTOBER 22, 2024

Improper retention of privileged and confidential legal documents : P&ID improperly obtained, retained, and misused Nigeria’s privileged and confidential legal documents, and used these to monitor whether its corruption had been uncovered and to track Nigeria’s case strategy throughout the arbitration.

Corruption 52

Corruption Integration Integrity Ethics 52

Government Contracts

OCTOBER 16, 2024

Federal prosecutors are seeking more than 11 years in prison for Leonard Francis, the Malaysian defense contractor and ex-fugitive known as "Fat Leonard" who led a sprawling bribery and corruption scheme that allegedly caused over $20 million in losses for the U.S.

Corruption 94

Corruption 94

Government Contracts

OCTOBER 22, 2024

Counsel for an ex-lobbyist standing trial on public corruption charges alongside former Illinois House Speaker Michael Madigan told an Illinois federal jury Tuesday that the government is treating legal lobbying activity as bribery, and that his client did "100% legal favors" for Madigan to establish trust and maintain access to the powerful politician. (..)

Corruption 94

Corruption Government Government 94

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 99

Corruption Networking IT 99

Whistleblower Network News

OCTOBER 16, 2024

These failures also allowed corrupt bank employees to facilitate a criminal network’s laundering of tens of millions of dollars,” said Principal Assistant Attorney General Nicole M. “For nearly a decade, TD Bank failed to update its anti-money laundering compliance program to address known risks.

Corruption 101

Corruption Networking Finance Accountability 101

Government Contracts

MARCH 8, 2024

Department of Justice officials on Friday signaled a renewed emphasis on fighting foreign corruption, saying its planned whistleblower rewards program should prove useful in Foreign Corrupt Practices Act cases against private companies, and warned companies against running afoul of new rules barring the sale of personal data to foreign adversaries (..)

Corruption 98

Corruption Data IT 98

Whistleblower Network News

MARCH 26, 2024

The fight against corruption takes center stage in Paris this month. The Organisation for Economic Co-operation and Development (OECD) is hosting a Global Anti-Corruption and Integrity Forum March 27-28, 2024. whistleblower laws to support international anti-corruption efforts. Renowned whistleblower advocate Stephen M.

Corruption 96

Corruption Participation Integrity Integration 96

Open Contracting Partnership

OCTOBER 11, 2023

To tackle this problem, the country has proposed wide-ranging legislation , including an anti-corruption package with measures to standardize the operations of Mongolia’s state-owned enterprises (SOEs) and ensure they follow consistent rules throughout processes like tendering and procurement, among others.

Data 121

Data Corruption Supplier Public Procurement 121

Whistleblower Network News

NOVEMBER 6, 2023

Kohn , founding partner of Kohn, Kohn & Colapinto LLP and Chairman at the National Whistleblower Center , will be speaking at Georgetown University’s ECo Talks Series discussing the issue of Blowing the Whistle on International Climate Corruption.

Whistle-blowing 110

Whistle-blowing Corruption Price Accountability 110

Art of Procurement

DECEMBER 14, 2023

The Racketeer Influenced and Corrupt Organizations Act, better known as RICO, is usually associated with organized crime. In 1992, it. The post Reading FedEx Ground the RICO Act appeared first on Art of Procurement.

Influencing 142

Influencing Corruption Procurement Risk Management 142