News & Analysis as of

Corruption South Africa

The Volkov Law Group

Episode 305 -- Deep Dive into SAP FCPA Settlement

The Volkov Law Group on

SAP agreed to a three-year deferred prosecution agreement, in exchange for the payment of approximately $220 million in penalties for bribe payments made to South African and Indonesia government officials. DOJ’s resolution...more

The Volkov Law Group

Lessons Learned and the Big Picture: ABB – the Three-Time Loser – Settles Yet Another FCPA Case (Part III of III)

The Volkov Law Group on

The ABB case, like most significant FCPA enforcement actions, sets important precedent and policy reminders. With time, and looking back, ABB gives companies with a prior criminal history a way forward to seek a fair...more

World Law Group

2022 Anti-corruption Guide - South Africa

World Law Group on

1. Is your country a member of the OECD Anti-Bribery Convention? Yes. 2. Is your country a member of any other bilateral or multilateral conventions on anti-corruption? Yes. South Africa is a member of the United Nations...more

The Volkov Law Group

Digging into the ABB Bribery Details in South Africa (Part II of III)

The Volkov Law Group on

The details of bribery schemes are invaluable for learning how criminals think – bribery always requires some scheme to transfer money from the organization to fund bribery payments to a government official(s).  Compliance...more

The Volkov Law Group

ABB – A Three-Time Loser – Settles FCPA Case for Bribery in South Africa for $315 Million (Part I of III)

The Volkov Law Group on

The Justice Department’s new Corporate Enforcement Policy and the heightened enforcement and compliance expectations were put to the test in its announcement of a $315 million settlement of bribery charges with ABB, a...more

Thomas Fox - Compliance Evangelist

Harold Bloom and the Fight Against Corruption in South Africa

The South African story is but one story on the invidiousness of international corruption. The $34bn the country lost pales beside the amount the United Nations (UN) estimates that bribery and corruption costs on an annual...more

Thomas Fox - Compliance Evangelist

Rumble, Regime Change and Compliance

This one is for all you rock and roll mavens out there. Can you name the only instrumental song which was banned from radio play? That is correct, a song with no lyrics was banned as being “too subversive”. It is of course,...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - Russian

ANTICORRUPTION DEVELOPMENTS – Canadian Mining Company Settles with SEC over FCPA Charges – On March 26, Kinross Gold Corporation settled with the Securities and Exchange Commission (SEC) over its alleged failure to...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - Chinese

ANTICORRUPTION DEVELOPMENTS – Canadian Mining Company Settles with SEC over FCPA Charges – On March 26, Kinross Gold Corporation settled with the Securities and Exchange Commission (SEC) over its alleged failure to...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - March 2018

ANTICORRUPTION DEVELOPMENTS – Canadian Mining Company Settles with SEC over FCPA Charges – On March 26, Kinross Gold Corporation settled with the Securities and Exchange Commission (SEC) over its alleged failure to...more

Orrick, Herrington & Sutcliffe LLP

Changing of the Guard South Africa

Thursday, 15 February, 2018 ushered in a new dawn of possibilities for South Africans, with the swearing in of Cyril Ramaphosa as the country’s 5th President since its inaugural post-apartheid democratic election in 1994....more

Thomas Fox - Compliance Evangelist

McKinsey, South Africa and the FCPA

Do you recall the boycott of South Africa from the 1970s and 1980s as a lexicon of the global fight against apartheid? The boycott extended from business to sporting events and everything in between. The campaign was one of...more

Hogan Lovells

Developments to the PDA

Hogan Lovells on

Whistleblowing is defined as raising a concern about wrongdoing within an organisation. The Protected Disclosures Act 26 of 2000 (PDA) was enacted to protect whistleblowers and to help combat corruption. ...more

Hogan Lovells

Happiness under the African sky, or not?

Hogan Lovells on

Everyone is in pursuit of happiness - that elusive state in the human psyche that is not merely a positive mood but a state of well-being with a sense of meaning and deep satisfaction. Happiness is fast becoming a measure for...more

Dorsey & Whitney LLP

Dorsey Anti-Corruption Digest - November 2017

Dorsey & Whitney LLP on

Massachusetts-based Alere Inc. will pay $13 million to settle charges alleging that the company bribed foreign officials and engaged in an accounting fraud, according to a Securities and Exchange Commission (SEC) Cease and...more

Hogan Lovells

Whistleblowers, are you really protected?

Hogan Lovells on

According to the Corruption Perception Index 2016, an annual publication by Transparency International which ranks countries according to the perceived levels of corruption by surveys and assessment, South Africa scored 45...more

The Volkov Law Group

The Only Thing You Have to Fear . . . Is No Documentation

The Volkov Law Group on

Compliance is a profession that requires multi-tasking – another profound grasp of the obvious. But in the multi-tasking world, some principles and strategies are more important than others. My colleague and...more

Mintz - ML Strategies

Africa Update - December 2015

Mintz - ML Strategies on

Leading the News - Nigeria: On December 1st, the United Nations (U.N.) reported nearly 450 schools have reopened in Borno state, Nigeria since October after being closed for more than 18 months following the Boko...more

Mintz - ML Strategies

Africa Update - October 2015 #2

Mintz - ML Strategies on

Leading the News - Libya: On October 8th, The Washington Post provided an update on the Islamic State of Iraq and the Levant’s (ISIL) activities in Sirte, Libya. Since taking hold of Sirte earlier this year, ISIL...more

Thomas Fox - Compliance Evangelist

Reflections on the Hitachi FCPA Enforcement Action

Earlier this week, the Securities and Exchange Commission (SEC) announced resolution of a Foreign Corrupt Practices Act (FCPA) enforcement action involving the Hitachi Ltd (Hitachi). There were several interesting aspects to...more

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