The former president of a Maryland transportation company was sentenced to four years in prison for violating the Foreign Corrupt Practices Act after bribing an official at Russia’s State Atomic Energy Corporation, the Justice Department said Oct. 28. Mark Lambert, who headed Transportation Logistics International, which provided transportation services for nuclear materials, pleaded guilty to the charges last year (see 1911250025). Lambert was also sentenced to three years of supervised release and ordered to pay a $20,000 fine.
A Chicago beverage company agreed to pay more than $19.6 million after it violated the Foreign Corrupt Practices Act, the Justice Department said Oct. 27. Beam Suntory Inc. allegedly tried to bribe an Indian government official to gain approval for a license “to bottle a line of products” that the company wanted to sell in India, Justice said. The company also violated records and book-keeping laws by ignoring “improper activities and practices” by third-parties engaged by Beam in India that led to corruption risks.
A Brazilian investment company was fined more than $256 million after pleading guilty to paying millions of dollars in bribes to government officials for contracts, the Justice Department said Oct. 14. J&F Investimentos S.A. pleaded guilty to conspiracy to violate the Foreign Corrupt Practices Act when it worked with others to bribe “high-level” Brazilian officials, including an executive at Banco Nacional de Desenvolvimento Economico e Social (BNDES), Brazil’s state-owned bank.
Export Compliance Daily is providing readers with the top stories for Sept. 21-25 in case you missed them. You can find any article by searching on the title or by clicking on the hyperlinked reference number.
A Mexican citizen who lives in the U.S. was charged with conspiracy to violate the Foreign Corrupt Practices Act for his alleged involvement in an international bribery and money laundering scheme. Javier Aguilar, a trader at the U.S. subsidiary of a multinational oil distributor, allegedly paid $870,000 worth of bribes to Ecuadorian officials, the Justice Department said Sept. 22.
A U.S. asphalt company agreed to pay a criminal fine of $16.6 million after pleading guilty to charges of conspiracy to commit anti-bribery violations, the Justice Department said Sept. 22. The agency said Sargeant Marine Inc. conspired to violate the Foreign Corrupt Practices Act when it schemed to bribe foreign officials in Brazil, Venezuela and Ecuador to obtain asphalt contracts.
Export Compliance Daily is providing readers with some of the top stories for July 6-10 in case you missed them.
Guidepost Solutions added Robert Roach, previously chief global compliance officer at New York University, as senior adviser, the company said in a news release. “Roach will help develop compliance, risk management and monitoring programs for both domestic and international organizations,” the company said. “He brings particular expertise in several complex regulatory areas including export control and trade sanctions laws, the Foreign Corrupt Practices Act and other international anti-bribery laws, higher education and research compliance laws, equal opportunity laws, supply chain ethics and international fair labor standards compliance.”
The Justice Department charged two people for allegedly helping a Brazil construction company bribe government officials in violation of the Foreign Corrupt Practices Act, a July 6 news release said. Luis Enrique Martinelli Linares and Ricardo Alberto Martinelli Linares aided a “massive” bribery and money laundering scheme by Odebrecht S.A., which previously pleaded guilty to paying more than $700 million in bribes to government officials and others to retain business and secure contracts (see 1911210023 and 1910150030), DOJ said.
As Thompson Hine lawyers on a webinar discussed exemptions to the Federal Emergency Management Agency restrictions on exports of personal protective equipment, they noted that goods held in bonded warehouses or in foreign-trade zones aren't subject to the controls. As a result, they expect the two to become more widely used over the next year.