Anti-Corruption/FCPA – The latest updates around the ongoing FIFA scandal & news on Former PetroTiger Ltd. CEO Joseph Sigelman’s FCPA trial.
U.S. Asks Switzerland to Extradite Detained FIFA Officials
ZURICH—The U.S. has requested the seven FIFA officials arrested in the investigation into alleged corruption at world soccer’s governing body to be extradited from Switzerland. The U.S. embassy in Bern formally submitted the extradition documents late on Wednesday evening, the Swiss Federal Office of Justice said in a statement Thursday … [ Read More ]Former FIFA inspector of 2018, 2022 World Cup bids banned by FIFA; Was leery of Russia, Qatar
The man in charge of monitoring ethics of the 2018 and 2022 World Cup hosting candidates has been banned from soccer for the next 7 years for unspecified ethics violations … [ Read More ]Ex-PetroTiger CEO Takes Plea In FCPA Trial
New York – Former PetroTiger Ltd. CEO Joseph Sigelman admitted Monday in New Jersey federal court that he authorized bribe payments to a Colombian oil company official who had the power to approve a $39 million contract, effectively ending his Foreign Corrupt Practices Act trial in what would have been its third week … [ Read More ]PetroTiger joins Morgan Stanley with rare DOJ public declination
For only the second time in FCPA history, the DOJ Monday made a public announcement that it wouldn’t prosecute a company that cooperated in building a case against a former officer. After Joseph Sigelman, PetroTiger’s co-founder and former chief, pleaded guiltyto one count of conspiracy to violate the FCPA, the DOJ issued a statement … [ Read More ]Live Industry News
Follow @ACI_Anticorrupt and @ACI_IntTrade
Join ACI: Anti-Corruption / FCPA – Legal, Regulatory and Compliance Professionals Group
Related Events
