The following is a guest post from Doris Chen in Squire Patton Boggs’ Shanghai Office. Zhang Chunjiang, the former deputy general manager of China Mobile was sentenced to death by Chinese People’s Court on July 22, 2011 for the crime of bribery. He was also the chief secretary of China Mobile’s CPC Committee and held senior positions at … Continue Reading
Members of the Squire Sanders China team have written the China chapter to the fifth edition of Getting the Deal Through – Anti-Corruption Regulation 2011, which provides international analysis in key areas of law and policy for corporate counsel, cross-border legal practitioners and business people. Following the format adopted throughout the series, our China team has provided responses … Continue Reading
An amendment of the PRC Criminal Law which criminalizes bribery of foreign government officials and “international public organizations” to secure illegitimate business benefits went into effect on May 1, 2011. The PRC did not have any law addressing cross-border bribery before and this law will be the first law to condemn bribery of foreign officials. This … Continue Reading
IBM resolved an enforcement action brought by the SEC, which alleged the company violated the FCPA’s books and records and internal controls provisions. SEC alleged IBM subsidiaries and an IBM join-venture made illicit payments and provided gifts, travel and entertainment to Chinese and South Korean government officials for improper purposes. IBM did not admit nor … Continue Reading
On February 25, 2011, China adopted Amendment No. 8 of the PRC Criminal Law, which criminalizes bribery of foreign government officials and of international public organizations in order to secure illegitimate business benefits. Previously, the focus of PRC antibribery laws and regulations had been on bribery – both involving officials and purely commercial parties — in a … Continue Reading
The combination of the fact-driven and the oblique in the Chinese news media’s reporting of this sad news are striking: key facts are reported (someone died, how/where he died, his name/position). Only at the end however, is reference made to the likelihood he himself was responsible for his death (i.e., he didn’t fall – he jumped … Continue Reading
At the end of last year, successful use of ‘social audits’ in India to enable citizens to ensure public officials are applying public funds properly received media attention. By turning citizens into watchdogs at the local level, thousands of corrupt officials have been caught and information sharing is a key part of the audit process: “The results … Continue Reading
Thanks to SSD Network colleague Humberto Morales for updating us on the view from inside Mexico of the arrest of 2 Chinese nationals for attempted bribery of 2 PEMEX executives. Humberto is a former GC for General Electric in Mexico and will be a regular contributor o The Anticorruption Blog on Mexico-related matters. His post made me wonder … Continue Reading
In many ways, Kang Rixin is a model of the senior Party member/corporate executive in today’s China that Richard McGregor describes so ably in his must-read book “The Party: The Secret World of China’s Communist Rulers“: Besides holding the business title of General Manager of China National Nuclear Corporation, Kang also was the Party Secretary of the … Continue Reading
A frequent topic of anti-corruption discussions is despite the aims for increased cooperation between US and foreign regulators in the wake of the Siemens case, whether increased visibility of US enforcement actions has in fact led to enforcement actions by regulators outside the United States? In the case of China, discerning an answer has been difficult. The resolution of … Continue Reading
