Spotlight: The Victims of CorruptionFebruary 24, 2009
According to a 2004 study by the World Bank Institute, $1 trillion is paid every year in bribes worldwide. Many agree that the victims of bribery are often those living in poverty in the developing world, in countries rich in...
Spotlight: History of the FCPAFebruary 13, 2009
Up until 1977, no country in the world considered the bribing of foreign officials for business purposes to be illegal. That changed with the passage of the Foreign Corrupt Practices Act, when the United States became the first...
At Siemens, Bribery Was Just a Line ItemFebruary 13, 2009
The unusual journey of Reinhardt Siekaczek, a former midlevel executive at the German engineering giant Siemens, helps explain how the company ended up paying $1.6 billion in the largest fine for bribery in modern corporate history...
KBR Hit With Record Bribery FineFebruary 12, 2009
After five years of multi-jurisdictional investigations, the U.S. Department of Justice announced on Feb. 11 that Kellogg, Brown, and Root (KBR) - until recently a subsidiary of the Halliburton Corporation - agreed to pay a total of $579 million in...
Portrait of a WhistleblowerFebruary 11, 2009
When former Siemens employee Per Monsen reported to his superiors that the company was overcharging the Norwegian Department of Defense, he had no idea how it would throw his life into chaos.
U.S. Targets Overseas BriberyFebruary 10, 2009
A former Halliburton exec has pleaded guilty to being in cahoots with crooked foreign officials. He's now helping U.S. investigators, and a much wider crackdown is expected to unfold...
