Topic: Foreign Corrupt Practices Act

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The Monitor's View: How a Wal-Mart struggle in India shows world progress

Stung by a case of corruption in Mexico, Wal-Mart pushes its Indian associates to be squeaky clean. Such action shows the global effects of a US anti-corruption law.
US casino company says it probably bribed official

After SEC probe, Las Vegas Sands says an internal audit found 'likely violation' of laws against bribing foreign officials. The Las Vegas Sands has moved aggressively into Asia recently, opening a highly profitable casino in Macau.
Robert Reich Why billionaires will still pour millions into politics

As income and wealth become ever more concentrated in America, the nation’s corporations and billionaires will invest even more in politics, Reich writes.
SEC ruling will spotlight financial dealings of firms in Africa

SEC ruling will require oil and mining companies to disclose payments to foreign governments. It could put those operating in resource-rich Africa at odds with governments that prefer secrecy and at a disadvantage to less-regulated companies.
Robert Reich Faux populism, and a renewed appeal to the 'hardworking taxpayer'

Paul Ryan has been making a lot of speeches lately extolling the value of small government and lower taxes. But small government under the influence of big money would still be dominated by the interests of high rollers such as Sheldon Anderson and the Koch brothers.
Vox News Rupert Murdoch deemed 'not fit' to lead media in Britain. What about US?

A British parliamentary panel found that Rupert Murdoch is 'not fit' to run media giant News Corp. But the question for Congress is: What laws – if any – were broken in the US?
The Monitor's View: Innocence abroad for Wal-Mart, Apple, and all Americans

A federal probe of alleged bribery in Mexico by Wal-Mart, along with Apple's lax workplace standards in China, indicate a need for Americans to take their ethical standards with them when operating overseas.
Stocks fall on worries over European stability

The Dow slipped 102 points to close at 12927 Monday as worrying news out of Europe sent US stocks sharply lower.
Will Rupert Murdoch's woes cross the Atlantic?

Rupert Murdoch's troubles in the UK could spread throughout his global media empire, say experts. A lawsuit filed Monday in Delaware may be just the beginning.
The Monitor's View: Time to clear the underbrush of bribery

New efforts around the world signal a moment to make headway against corruption
Opinion: How exposing corrupt regimes can serve US security

Foreign corruption undermines development, US interests, and ultimately US security. The fight against foreign corruption and the success of US policy are linked. That's why the US needs to implement country reports on corruption to increase transparency and encourage change.
FBI sting nets 22 executives charged with paying bribes abroad

The FBI undercover operation was the largest-ever effort to enforce the Foreign Corrupt Practices Act. The 22 executives ran companies that supplied militaries and law-enforcement agencies.
Former Rep. William Jefferson sentenced to 13 years in prison

Former Rep. William Jefferson will appeal the case. His attorneys claim the sentence is unduly harsh compared to other political corruption convictions.
The Monitor's View: Big victory against global bribery

A record fine against Siemens hints at success in the US and Europe in curbing payoffs.