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Sunday, April 22, 2012

Oil & Gas Eurasia - Reviews and Analysis of World, CIS and Russian Energy Market - Think the “Foreign Corrupt Practices Act” is a U.S. Issue? Think Again!

Oil & Gas Eurasia - Reviews and Analysis of World, CIS and Russian Energy Market - Think the “Foreign Corrupt Practices Act” is a U.S. Issue? Think Again!   "Last February the former chief executive of KBR, Inc. was sentenced to 30 months in prison for his role in a massive, decade-long scheme to bribe Nigerian government officials to win $6 billion in contracts for development of the Bonny Island liquefied natural gas facility.  Albert “Jack” Stanley, 69, had pleaded guilty in September 2008 in a scheme to route $182 million in bribes to Nigerian government officials. And his sentencing sent a chill through executive suites of not just U.S. corporations, but multi-national and non-U.S. foreign corporations as well."

"The case, decided in U.S. Federal Court in Houston, represents the largest and most successful investigation in history under the U.S. Foreign Corrupt Practices Act (FCPА). In pleading guilty to the charges, Stanley agreed to make restitution of $10.8 million, of which $1.55 million remains to be paid. He also faces seven years in prison, though his lawyer has asked that prison time be commuted to house arrest because his cooperation helped secure eight felony guilty pleas, four deferred-prosecution agreements and total fines of $1.7 billion.  But what really caught the attention of the executive suite world-wide was the degree to which persons and companies outside of the United States became caught up in a bribery and kick-back scandal prosecuted under a law generally thought to affect only U.S. companies."

International Whistleblower Reward Laws Encourage International Whistleblowers to Expose Government Corruption, Oil Company Bribes to Public Officials, Illegal Kickbacks from Energy Companies, Illicit Payments to Government Officials, and other Violations of the Foreign Corrupt Practices Act by International Oil Company Employee Whistleblower Reward Lawyer, International Oil Company Bribe Whistleblower Reward Lawyer, & Energy Company Foreign Corrupt Practices Act Whistleblower Lawyer Jason S. Coomer
 
New International Whistleblower Reward Laws offer large potential rewards or bounties to international oil company employee whistleblowers, foreign government official whistleblowers, and other international whistleblowers that blow the whistle on international oil company contract bribes, international accounting fraud, international energy company fraud, and international oil lease bribes.  For more information on International Whistleblower Lawsuits, please feel free to go to the following webpage: International Whistleblower Reward Laws Encourage International Whistleblowers to Expose Government Corruption, Oil Company Bribes to Public Officials, Illegal Kickbacks from Energy Companies, Illicit Payments to Government Officials, and other Violations of the Foreign Corrupt Practices Act.

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