• International Anti-Bribery Enforcement at Most Aggressive Stage
  • February 12, 2010 | Author: Jacob S. Frenkel
  • Law Firm: Shulman, Rogers, Gandal, Pordy & Ecker, P.A. - Potomac Office
  • Anti-bribery enforcement, whether as a result of unprecedented investigative and prosecution efforts of the United States Justice Department (DOJ) or relentless criticism by the Organisation for Economic Cooperation and Development (OECD), is an articulated priority of world law enforcement authorities. The week that began 18 January, 2010 may have been the most significant in anti-bribery enforcement since 1977 when the United States Congress created the Foreign Corrupt Practices Act (FCPA) in reaction to more than 400 companies, principally connected to the defense industry, admitting to improper payments to government officials and others totaling more than $300 million.