Discover and read the best of Twitter Threads about #FCPA
Most recents (18)
1/6 I want to talk about another trending topic of great importance to voters…#corruption! My book, PUBLIC CORRUPTION IN THE UNITED STATES: ANALYSIS OF A DESTRUCTIVE PHENOMENON, is out in hard and soft cover and ready to have its pages turned. I got my first copies today. Cont. 
2/6 Special thanks to the great @JamesAGagliano for offering his wisdom and writing the Foreword. He always delivers exceptionally thoughtful law enforcement analysis in the most articulate way…and, on top of that, is just one heck of a nice guy. Cont.
3/6 Special thanks also go out to former US Attorney #JimLetten (the longest sitting US Attorney in history); attorney, political analyst and co-host of @LawJunkieShow @EthanBearman; Chief Security Officer at Dominion Energy and former @FBI exec @AdamLee23331229;…Cont.
#Tablazo En menos de 5 años y una "inversión" en sobornos (a empleados petroleros de Venezuela) de no más de 1 millón $$, dos empresarios establecidos en #Texas (EEUU) obtuvieron contratos de #PDVSA por más de 1 mil millones de dólares. +Info aquí la-tabla.blogspot.com/2022/04/siguen…
Los principales involucrados son Roberto Rincón Fernández (principal accionista de empresas como #Tradequip y Clover) y Abraham Shiera (Vertiz), qué en 2009, diseñaron un esquema para tomar el control de las compras internacionales de la petrolera venezolana en Estados Unidos.
Rincón fue desarrollar un "artificio" para que, con empresas bajo su control se cumplieran artificialmente condiciones formales de participación y competencia en procesos licitatorios y de compras en la jurisdicción estadounidense, realizadas por la filial PDVSA Services, Inc.
The fossil fuel industry is not just in terminal decline; it's also corrupt. #Vitol's settlement w/the Dep't of Justice over violations of the Foreign Corrupt Practices Act #FCPA is an important reminder that transparency & disclosure alone aren't enough to prevent abuse. Thread:
Full disclosure (pun intended): I wrote a lengthly law review article about this topic a decade ago. See "Transparency & the Natural Resource Curse: Examining the New Extraterritorial Information Forcing Rules in the Dodd-Frank Act of 2010 papers.ssrn.com/sol3/papers.cf… /2
The FCPA is an extraterritorial criminal statute that makes it illegal for US firms to bribe foreign officials. Congress passed it in 1977 in response to genuinely outrageous behavior by Lockheed. Notably, until 2010 or so, the US was alone in criminalizing foreign bribes. /3
Un juge américain a condamné aujourd’hui une filiale du fonds spéculatif Och-Ziff pour #corruption en #RDC.
Les documents du procès en disent long sur les responsables, #DanGertler en tête, bien que non mis en examen.
Ce FIL révèle le contenu des documents du procès : (1/10)
Les documents du procès en disent long sur les responsables, #DanGertler en tête, bien que non mis en examen.
Ce FIL révèle le contenu des documents du procès : (1/10)
La société canadienne Africo, propriétaire de la mine de #cuivre et de #cobalt de Kalukundi au #Congo a été victime de #corruption. (2/10)
Och-Ziff a admis avoir financé les investissements en #RDC sachant qu’une partie de l’argent servirait à payer des pots-de-vin. (3/10)
#corruption #potsdevin #FCPA
#corruption #potsdevin #FCPA
A US judge today sentenced a subsidiary of New York hedge fund Och-Ziff for #corruption in #DRC.
Court documents reveal a lot about who was responsible. Though not charged, businessman #DanGertler features prominently.
This THREAD reveals what the court documents say: (1/10)
Court documents reveal a lot about who was responsible. Though not charged, businessman #DanGertler features prominently.
This THREAD reveals what the court documents say: (1/10)
Canadian company Africo, the owners of the Kalukundi #copper and #cobalt mine in #Congo were the victims of #corruption. (2/10)
Och-Ziff admitted it funded investments in #DRC knowing that some of the money would be used to pay bribes. (3/10)
#corruption #bribery #FCPA
#corruption #bribery #FCPA
The JBS plant that had the workers die and they were only fined $15K by Scalia’s @OSHA_DOL, well of course, they’re also under investigation for violating the #FCPA . #Maddow
h/t @MountainsStars ✌🏼
Oh snap.
NEW: Michael Flynn's defense is trying a 'Hail Mary' legal maneuver to shut down the criminal case against him. The unorthodox appeals court petition calls Flynn a victim of a 'Kafkaesque nightmare' being gratuitously prolonged by biased trial-court judge politi.co/2Tpkg0G
Some have said DOJ never dismisses a case after a guilty plea. Flynn's lawyers cite an instance in DC from 2012: 22-defendant FCPA case that ended for some with judge-issued acquittals. 3 who pleaded guilty had their pleas dropped on govt motion politi.co/2XaOS77
case was a fairly famous #FCPA sting seen as a major blow to government. Here's a story on it by @DelWilber wapo.st/3g1kPY6
Just Rudy Giuliani and Pete Sessions meeting with two Venezuelans indicted for money laundering, nothing to see here... washingtonpost.com/politics/trump…
Two idiots - Giuliani and Pete Sessions - taken in by the trappings of wealthy criminals on the run from the @TheJusticeDept, again, this time in Venezuela: Rudy and Alexander Betancourt, Pete Sessions and Raul Gorrin Belisario:
.@PeteSessions met with a man who is accused of bribery, money laundering, currency exchange scams...sweet! You good with this @GOP ? 🤦🏽♀️
🍑FruityG🍑
“Our allies need to know that we remain a force for good, and to please bear with us as we move through this moment in time.”
RU Inquiry Review Is Expected to Undercut Trump/RW Narratives
Giuliani’s Firm Was in Talks to Receive $500k From Ukraine Prosecutor #FARA
“Our allies need to know that we remain a force for good, and to please bear with us as we move through this moment in time.”
RU Inquiry Review Is Expected to Undercut Trump/RW Narratives
Giuliani’s Firm Was in Talks to Receive $500k From Ukraine Prosecutor #FARA
🍑FruityG2🍑
Lutsenko said Giuliani told him he would have to hire a lobbyist to get the meeting.
“They even offered me such a company,” Lutsenko said.
Ballard or Livingston?🤔
He said that he was told it would be “impossible” for him to get the meeting without paying. #FCPA
Lutsenko said Giuliani told him he would have to hire a lobbyist to get the meeting.
“They even offered me such a company,” Lutsenko said.
Ballard or Livingston?🤔
He said that he was told it would be “impossible” for him to get the meeting without paying. #FCPA
🍑FruityG3🍑
Pay-to-Pay Scheme to enrich Trump loyalists in the Lobbying, PR & Legal businesses, inorder to ‘get a meeting’, resolve sanctions or tariff “issues”
The FBI never tried to place undercover agents or informants inside the Trump campaign, a highly anticipated
Pay-to-Pay Scheme to enrich Trump loyalists in the Lobbying, PR & Legal businesses, inorder to ‘get a meeting’, resolve sanctions or tariff “issues”
The FBI never tried to place undercover agents or informants inside the Trump campaign, a highly anticipated
In the Age of Trump, Judge Reflects on D’Souza and the ‘New Rudy’ #Zarrab courthousenews.com/on-the-bench-i…
Rudy hired to be the go-between between Trump and Erdogan - per Judge Berman:
Evidence in Zarrab case indicates Rudy’s (old) firm, Greenberg Traurig acted as a foreign agent. (Which, they were on a #FARA for since 2014.)
💰1MDB Global Scandal💰
What is 1MDB?
Short for 1Malaysia Development Berhad (which means limited), the fund was set up in 2009 by then-Prime Minister Najib Razak to invest government revenues in real estate
MAIN THREAD #1MDB
What is 1MDB?
Short for 1Malaysia Development Berhad (which means limited), the fund was set up in 2009 by then-Prime Minister Najib Razak to invest government revenues in real estate
MAIN THREAD #1MDB
Questions arose in early 2015 when the fund failed to meet payments on $11 billion in debt.
🔑The WSJ then published documents showing that about $700M from 1MDB-linked entities had ended up in Najib’s personal bank accounts just before elections in 2013.
latimes.com/world/la-fg-ma…
🔑The WSJ then published documents showing that about $700M from 1MDB-linked entities had ended up in Najib’s personal bank accounts just before elections in 2013.
latimes.com/world/la-fg-ma…
By far the largest transactions that flowed into Malaysian PM Najib’s accounts were two deposits of $620M & $61M in March 2013, during a heated election campaign in Malaysia.
wsj.com/amp/articles/m…
wsj.com/amp/articles/m…
💰1MDB -Trump Campaign💰
🔑DOJ Probes Whether Jho Low, the Fugitive Financier Supplied Donation to Trump Re-Election Effort
🔑Justice Department investigates whether the $100,000 contribution came from Malaysian businessman charged in a global scandal
wsj.com/amp/articles/d…
🔑DOJ Probes Whether Jho Low, the Fugitive Financier Supplied Donation to Trump Re-Election Effort
🔑Justice Department investigates whether the $100,000 contribution came from Malaysian businessman charged in a global scandal
wsj.com/amp/articles/d…
The $100,000 donation was made in December 2017 to the Trump Victory committee—which is involved in helping re-elect President Trump in 2020—by Larry Davis, a U.S. citizen who co-owns LNS Capital, a Hawaii-based investment company.
wsj.com/amp/articles/d…
wsj.com/amp/articles/d…
🔑Authorities are seeking to determine whether transfers totaling $1.5 million to LNS Capital—originating with the Malaysian businessman, Jho Low—financed Mr. Davis’s donation to Trump Victory. #Strawman #FCPA
wsj.com/amp/articles/d…
wsj.com/amp/articles/d…
💰1MDB - Elliott Broidy💰
Trump Ally Was in Talks to Earn Millions in Effort to End 1MDB Probe in U.S.
Emails indicate Brody and his wife were negotiating a fee if the US Justice Department closed its investigation of 1MDB
wsj.com/articles/trump…
Trump Ally Was in Talks to Earn Millions in Effort to End 1MDB Probe in U.S.
Emails indicate Brody and his wife were negotiating a fee if the US Justice Department closed its investigation of 1MDB
wsj.com/articles/trump…
Background:
Broidy, a top Republican fundraiser close to Trump was in negotiations to earn tens of millions of dollars if the U.S. DOJ dropped its investigation into a multibillion-dollar graft scandal involving a Malaysian state investment fund. #1MDB
wsj.com/articles/trump…
Broidy, a top Republican fundraiser close to Trump was in negotiations to earn tens of millions of dollars if the U.S. DOJ dropped its investigation into a multibillion-dollar graft scandal involving a Malaysian state investment fund. #1MDB
wsj.com/articles/trump…
In emails Broidy & his wife, Robin Rosenzweig, discussed setting up a consulting contract with Jho Low, who is at the center of the 1Malaysia Development Bhd. scandal, which brought scrutiny to the country’s prime minister, Najib Razak.
wsj.com/articles/trump…
wsj.com/articles/trump…
💰1MDB - Deutsche Bank💰
💰1MDB - Goldman Sachs💰
Background:
U.S. Investigated Deutsche Bank’s Dealings With Malaysian Fund #1MDB
Justice Department looked into whether German bank violated foreign corruption or anti-money-laundering laws.
wsj.com/articles/u-s-i…
💰1MDB - Goldman Sachs💰
Background:
U.S. Investigated Deutsche Bank’s Dealings With Malaysian Fund #1MDB
Justice Department looked into whether German bank violated foreign corruption or anti-money-laundering laws.
wsj.com/articles/u-s-i…
The U.S. Justice Department investigated whether DB violated foreign corruption or anti-money-laundering laws in its work for the 1MDB. fund, which included helping the fund raise $1.2 billion in 2014
wsj.com/articles/u-s-i…
wsj.com/articles/u-s-i…
The investigation into Deutsche Bank has been helped in part by a former Goldman Sachs Group Inc. executive, Tim Leissner, who is cooperating with authorities.
wsj.com/articles/u-s-i…
wsj.com/articles/u-s-i…
💰1MDB & UAE💰
Stolen Emails Show Ties Between U.A.E. Envoy and 1MDB Fund’s Central Figure
Amb Yousef Al Otaiba had longstanding ties to a financier the U.S. says is at the center of a scandal surrounding a Malaysian state development fund
wsj.com/amp/articles/s…
Stolen Emails Show Ties Between U.A.E. Envoy and 1MDB Fund’s Central Figure
Amb Yousef Al Otaiba had longstanding ties to a financier the U.S. says is at the center of a scandal surrounding a Malaysian state development fund
wsj.com/amp/articles/s…
Yousef Al Otaiba, the UAE ambassador to the U.S., attempted to shape American policy toward the Middle East & lobbied over a regional dispute with Qatar. #KushBlockade
wsj.com/amp/articles/s…
wsj.com/amp/articles/s…
Well I love it when a prediction comes true! Great job @alekboyd
DOJ SDTX unveils a guilty plea for the Venezuelan oil industry case! #ButNothingsHappening #FCPA
justice.gov/usao-sdtx/pr/b…
DOJ SDTX unveils a guilty plea for the Venezuelan oil industry case! #ButNothingsHappening #FCPA
justice.gov/usao-sdtx/pr/b…
Suspect was arrested in in July 2018 but his plea deal is being revealed now. People talk a lot about sealed cases but never notice when they are unsealed!
Case implicates Venezuelan oil company Petroleos de Venezuela S.A. (PDVSA) & their US branch Citgo Petroleum Company #Citgo
Case implicates Venezuelan oil company Petroleos de Venezuela S.A. (PDVSA) & their US branch Citgo Petroleum Company #Citgo
Looks like he was hiding the cash in foreign shell company bank accounts! #receipts!
🎨SKETCH ARTISTS
‘Case Closed’: McConnell urges Congress 2 move on from Mueller Report
Mueller report: Democrats slam Republicans 4 'stunning act of cynicism'
‘There is a dark connection in Washington between McConnell, Barr + tRUmp’
Contempt Hearing – “All systems go!”
‘Case Closed’: McConnell urges Congress 2 move on from Mueller Report
Mueller report: Democrats slam Republicans 4 'stunning act of cynicism'
‘There is a dark connection in Washington between McConnell, Barr + tRUmp’
Contempt Hearing – “All systems go!”
🎨SKETCH ARTISTS 2
Durbin: McConnell ignored election security because GOP benefited from Russians
FBI Director Wray distances himself from Barr's use of 'spying' on Trump campaign
C.I.A. Had Evidence of Russian Effort to Help Trump Earlier Than Believed
Durbin: McConnell ignored election security because GOP benefited from Russians
FBI Director Wray distances himself from Barr's use of 'spying' on Trump campaign
C.I.A. Had Evidence of Russian Effort to Help Trump Earlier Than Believed
🎨SKETCH ARTISTS 3
WH invokes executive privilege to bar former counsel from turning over documents to Congress
🔥Robert Mueller is leaving the Justice Department 'within coming days.’
W Mueller on Justice staff, Barr has sway over testimony👆
House's Barr Contempt Docs
WH invokes executive privilege to bar former counsel from turning over documents to Congress
🔥Robert Mueller is leaving the Justice Department 'within coming days.’
W Mueller on Justice staff, Barr has sway over testimony👆
House's Barr Contempt Docs
"In late 2016, as Trump was readying to move into the WH, Elliott Broidy...was working on a deal to gain control of what a biz partner called “billions...in oil & gas, and mining assets” in ANGOLA." h/t @Klickedy
motherjones.com/politics/2018/…
motherjones.com/politics/2018/…
"Broidy used his clout to hook up top Angolan gov't ofcls w/members of the US Congress & the Trump admin. It was a swampy endeavor involving old-fashioned political influence, a BH activist/realtor, & a Nigerian American businessman who had been a close friend of Michael Jackson"
"Broidy is no longer a power player wielding sway in the Republican cosmos. Early this yr, he faced a series of media stories that raised questions about his biz dealings (which includ'd ventures w/the gov'ts of SA, the UAE, Romania, & Repub of Congo) & allegd influence peddling"
