Justice Department Beefs Up Foreign Corruption Act Enforcement

Pappalardo, John, Bombach, Kara, National Defense

* In recent years, U.S. government officials have acknowledged the increasing focus on Foreign Corrupt Practices Act (FCPA) enforcement. The government has been transparent about its priority to target individuals and companies who make improper payments or offer anything of value to foreign government officials for purposes of obtaining or retaining business.

For U.S. and international businesses and their individual officers, directors and employees, however, such generalized statements about FCPA enforcement priorities take on new significance when put in terms of hard numbers of investigations, fines and convictions.

In 2009, the Department of Justice set a record for numbers indicted and tried for Foreign Corrupt Practices Act violations, yet the enforcement momentum in 2010 has actually escalated. Consider these 2010 milestones:

* Justice imposed the most criminal penalties in FCPA-related cases than any previous …

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Publication information: Article title: Justice Department Beefs Up Foreign Corruption Act Enforcement. Contributors: Pappalardo, John - Author, Bombach, Kara - Author. Magazine title: National Defense. Volume: 95. Issue: 687 Publication date: February 2011. Page number: 43. © 2009 National Defense Industrial Association. COPYRIGHT 2011 Gale Group.

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