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3 unusual facts about Foreign Corrupt Practices Act


Baker Hughes

In April, 2007, Baker Hughes pled guilty in U.S. federal court to violations of the Foreign Corrupt Practices Act (FCPA), including bribing oil-related industry officials in Russia, Uzbekistan, Angola, Indonesia, and Nigeria.

Miguel Ángel Rodríguez

In 2007, Christian Sapsizian, a former adjunct to the vicepresident of Alcatel for Latin America, pleaded guilty in the U.S. District Court of Miami to violating the Foreign Corrupt Practices Act by conspiring with Edgar Valverde (the president of Alcatel in Costa Rica) to bribe an "official" of the Costa Rican Institute of Electricity (ICE) and a "senior government official" of Costa Rica.

The Venetian Macao

In early 2011 the United States Department of Justice and the Securities Exchange Commission initiated an investigation into the Las Vegas Sands Corporation with respect to the compliance of its Macao properties with the Foreign Corrupt Practices Act.


Railway Board

On 14 February 2008, Westinghouse Air Brake Technologies Corporation, listed on the New York Stock Exchange, admitted to violating Foreign Corrupt Practices Act (FCPA) regulations by making improper payments from its subsidiary Pioneer Friction Limited, based in Calcutta India, to government officials of the Indian railway board.


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