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DOJ willing to offer leniency to companies that report bribery in newly acquired firm
Date: 29 August 2018. Duration: 7:30
The US Justice Department is encouraging companies involved in mergers to come forward when they find bribery in businesses they’ve taken over. The DOJ’s emphasis on merger and acquisitions, an outgrowth of its Foreign Corrupt Practices Act Corporate Enforcement Policy, gives self-reporting companies a presumption of no prosecution if they cooperate and remediate. But there’s a lot at stake for companies that self-report. MLex correspondent Robert Thomason talks with Amy Miller about the likely impact.
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