Tag Archives: FCPA

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

African Nations Step Up Efforts to Identify and Undo Corruptly-Awarded Government Contracts

The public tender and government contracting processes historically have been among the areas most susceptible to bribery and corruption across the world. As in other jurisdictions, awards of large government contracts in Africa are sometimes followed by credible information that graft played a role in the selection of the winning bidder. This type of corruption, … Continue Reading

Ghana Requires Anti-Corruption Certifications in Oil and Gas Agreements

In addition to other efforts it is making to combat corruption, Ghana is being praised for rewriting some of its agreements with oil and gas companies to require certification of compliance with the United States Foreign Corrupt Practices Act (FCPA), the UK Bribery Act (Bribery Act), and the Organisation for Economic Co-operation and Development (OECD) … Continue Reading