Category Archives: FCPA

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Hitachi settlements highlight importance of anticorruption compliance programs and cooperation with regulators

On December 4, 2015, the African Development Bank Group (AfDB) announced that it reached an agreement with Hitachi, Ltd. (Hitachi) that debars the company from participating in AfDB projects for twelve months with conditional release. The debarment was the result of an investigation by AfDB’s Integrity and Anti-Corruption Department (IACD) concerning bribery allegations against Hitachi … Continue Reading

You Operate in Africa, Employ Only Africans, and Deal with Only African Governments: Are You Exempt From U.S. FCPA Compliance? Maybe Not.

Even though a company may operate only in Africa, the DOJ and SEC have adopted a broad view of their jurisdiction and have used a relatively small nexus to the United States to establish a hook to prosecute FCPA violations that may have potentially crippling ramifications to the African company. This broad jurisdiction is of … Continue Reading