DOJ Official Says Increased FCPA Enforcement Could Affect Corrupt Russian Officials
On March 16, 2011, Assistant Attorney General Breuer of the Justice Department's Criminal Division spoke at the 3rd Russia and Commonwealth of Independent States Summit on Anti-corruption, stating that increased enforcement of the Foreign Corrupt Practices Act (FCPA) is a…
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centerpiece of DOJ's anti-corruption efforts that could incentivize Russian officials not to engage in corruption. He stated that FCPA-related offenses could be imposed on (1) any U.S. citizen who bribes a Russian official in order to obtain or retain business; (2) any Russian citizen working for a U.S. company in Russia or for a Russian company that trades on a U.S. exchange; and (3) Russian officials who launder the proceeds of foreign bribes through U.S. financial institutions.