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.

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Corruption Import Utilities Networking 64

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 & 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

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

MARCH 2, 2024

P&ID’s Chief Executive Officer, Mr Quinn, had conducted himself dishonestly in giving evidence at the Court of which parts were knowingly false, namely that P&ID had procured the contract with Nigeria through corrupt payments to a Nigerian official.

Corruption 52

Corruption Ethics Transparency Import 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

Utrecht University

OCTOBER 27, 2023

Joras Ferwerda will speak about Researching Corruption in Public Procurement.

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Corruption Public Procurement 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

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

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

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

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

The Procurement ClassRoom

MAY 19, 2024

Integrating blockchain and artificial intelligence (AI) into public procurement processes holds significant promise for enhancing efficiency, effectiveness, and transparency, potentially reducing corruption. This minimizes human intervention, the primary source of corruption in public procurement.

Public Procurement 52

Public Procurement Procurement Corruption Market Analysis 52

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 93

Corruption Participation Networking Integration 93

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

MAY 7, 2024

“The Justice Department plays a critical role in all of the major anti-corruption and fraud cases. Kohn and Turner discuss the background of the program and its potential to revolutionize the DOJ’s handling of whistleblower cases and its ability to fight fraud and corruption.

Corruption 101

Corruption Import Networking IT 101

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 96

Corruption Networking IT 96

Whistleblower Network News

MAY 8, 2024

. “Whistleblowers have submitted information relating to some of the most pressing policy objectives of the United States, from Iran- and Russia-related sanctions evasion to drug-trafficking to cyber-crimes and corruption.” There is no better way to detect hidden illicit funds than through the cooperation of an insider.

Corruption 115

Corruption Networking Import IT 115

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 107

Whistle-blowing Corruption Price Accountability 107

Whistleblower Network News

JANUARY 24, 2024

On January 24, the Vatican issued new procedures on whistleblowing , recognizing the critical role whistleblowers play in exposing corruption and financial misconduct. The new document expands upon procedures first laid out in 2019 for reporting financial anomalies to the Office of the Auditor General.

Import 101

Import Corruption Electronics Networking 101

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 IT 142

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 112

Data Corruption Media Supplier 112

Whistleblower Network News

JANUARY 3, 2024

In particular, Kohn highlights actions that Congress and federal agencies can take to align the nation’s whistleblower programs with The United States Strategy on Countering Corruption. Anti-Corruption Strategy.” Anti-Corruption Strategy. The United States Strategy on Countering Corruption represents a roadmap for action.

Corruption 104

Corruption Networking Government Government 104

Whistleblower Network News

FEBRUARY 28, 2024

MKSS has led transparency and anti-corruption movements across India, including for the Right to Information, minimum wage, protection for gig workers, and more. Dey has been recognized for his grassroots activism, most recently being named one of 11 worldwide Anti-Corruption Champions by the U.S. Department of State.

Corruption 75

Corruption Transparency Accountability Networking 75

Whistleblower Network News

APRIL 25, 2024

In this episode of the Whistleblower of the Week podcast , host Jane Turner speaks with Mzukisi Makatse, who blew the whistle on a corrupt grant awarded by the South African Lottery Commission. Makatse was honored for his bravery by Blueprint for Free Speech in their 2023 Whistleblowing Awards.

Corruption 95

Corruption Networking Import 95

Whistleblower Network News

FEBRUARY 5, 2024

The Senators emphasized that making the program accessible and safe for whistleblowers is vital to maximize the anti-corruption potential of the program. .’” FinCEN has also failed to publish draft rules for the whistleblower program. The senators write that “this is unacceptable.”

Demand 109

Demand Corruption Media Networking 109

Government Contracts

FEBRUARY 20, 2024

Department of Justice’s recent announcement that it will leverage data analytics in Foreign Corrupt Practice Act investigations and prosecutions, companies will need to develop a compliance strategy that likewise implements data analytics to get ahead of enforcement risks, say attorneys at Cozen O'Connor. After the U.S.

Data 98

Data Corruption IT 98

Kluwer Arbitration

MARCH 20, 2024

Allegations of corruption can be made even in the absence of criminal offences. Gabriele Ruscalla cited the example of an arbitral tribunal that was found guilty of corruption for changing the seat of the arbitration. Corruption of arbitrators can take various forms, ranging from bias and conflicts of interest (e.g.

Corruption 52

Corruption Collusion Ethics Integration 52

Whistleblower Network News

MARCH 27, 2024

[link] In this episode of the Whistleblower of the Week podcast , host Jane Turner speaks with María de los Ángeles Estrada , a lawyer in Mexico specializing in transparency and anti-corruption. whistleblower laws.

Corruption 56

Corruption Transparency Education Import 56

Government Contracts

MAY 15, 2024

Department of Justice and foreign authorities in bribery enforcement can not only affect companies' legal exposure as resolution approaches vary by country, but also the decision of when and whether to disclose Foreign Corrupt Practices Act violations to the DOJ, say Samantha Badlam and Catherine Conroy at Ropes & Gray.

Corruption 52

Corruption Collaboration 52

Whistleblower Network News

FEBRUARY 9, 2024

Over a decade NWD has expanded to have a global reach and a historic number of federal agencies have accepted whistleblowing as a core component of anti-corruption efforts.” The report also details NWC’s participation in the United Nations Conference of States Parties for the Convention Against Corruption. “At

Corruption 90

Corruption Participation Networking Government 90

Government Contracts

APRIL 22, 2024

financial and immigration sanctions against two former Afghan lawmakers, stressing that the executive branch has sweeping authority to issue sanctions on individuals it finds to be corrupt. A Washington, D.C., federal judge shaved down a lawsuit challenging U.S.

Corruption 52

Corruption IT 52

Government Contracts

APRIL 17, 2024

The operator of a commercial casino and horse racetrack has sued three tribal-owned casinos in Minnesota federal court on claims they're violating the Racketeer Influenced and Corrupt Organization Act, accusing them of running criminal gambling activities that break state and federal laws.

Influencing 52

Influencing Corruption 52

GovCon & Trade

FEBRUARY 8, 2024

SAP SE, a global software company, entered into a Deferred Prosecution Agreement (DPA) with the DOJ and resolved a Securities and Exchange Commission (SEC) investigation into bribery schemes involving a number of countries in Africa, Indonesia, and elsewhere in violation of the Foreign Corrupt Practices Act (FCPA).

Export 147

Export Corruption Price Procurement 147

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 77

Corruption Telecommunication Accountability Consulting 77

Whistleblower Network News

MARCH 5, 2024

On March 1, the Department of Justice (DOJ) announced that international commodities trading company Gunvor pled guilty and agreed to pay $661 million to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA). Foreign bribery emboldens corrupt officials and undermines the rule of law.”

Corruption 96

Corruption Competitive Bidding Media Bidding 96