RENEWED APPEALS COURT COULD AFFECT FUTURE PROSECUTIONS OF FOREIGN EXECUTIVES UNDER THE FCPA

On 17 August, the Wall Street Journal reported that a second appeal is to reopen the long-running prosecution of a former British Alstom SA executive Lawrence Hoskins.  He was found guilty in late 2019 of helping to bribe Indonesian officials.  However, a district court judge partly overturned the conviction, ruling that federal prosecutors hadn’t shown sufficient evidence that Mr. Hoskins, a British citizen who worked in Paris, fell under the reach of US law.  The concern is that the government could find it more difficult to prosecute foreign nationals who allegedly play a role in arranging bribes for US-linked companies without ever setting foot in the US.

https://www.wsj.com/articles/dispute-over-agency-in-foreign-bribery-case-gets-second-hearing-11629240990

https://kyc360.riskscreen.com/news/feds-urge-2nd-circuit-to-revive-ex-alstom-execs-bribery-conviction/

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s