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🎯 SAP to pay more than $230M to settle bribery charges. Federal prosecutors accused SAP of violating the FCPA to bribe government officials in Indonesia and South Africa. CNBC
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🌎 UK government urged to review £2bn in Fujitsu contracts amid Horizon scandal. Japanese company’s Horizon IT system caused accounting errors that were blamed on post office operators. Guardian
🌎 White House Throws Support Behind Seizing Frozen Russian Assets. President Biden is backing legislation that would let it seize some of $300B in frozen Russian assets to help pay for reconstruction of Ukraine. Bloomberg
🚩 OFAC SDN List Update: Russia-related Designations and more U.S. Treasury
🌎 IRS flagged San Antonio woman accused of stealing $100M from Army. A millionaire conwoman swindled the US Army out of $100M over six years by putting cash into her fake military youth business and splurging on 31 homes and 70 supercars. San Antonio Express
🌎 Kleptocrats in democracy’s clothing: Beijing and Moscow talk anti-corruption at the UN. Redefining terms like anti-corruption, human rights, democracy, and integrity — even when self-evidently disingenuous — provides China the cover to mimic the mechanisms of good governance. Euronews
📌 Client Alert: FinCEN Launches Beneficial Ownership Information Registry Winston & Strawn
🌎 Russia finds way around sanctions on battlefield tech. That doesn’t mean sanctions have failed; they just need to be enforced better — including by requiring Western companies to track their own products. Politico
🌎 Federal prosecutor in NY issues call for whistleblowers in bid to unearth corruption. U.S. Attorney Damian Williams, who presides over one of the largest and busiest offices of prosecutors in the nation in Manhattan, issued a casting call for whistleblowers. AP
🌎 How Lloyd Austin’s Deputy Ended Up Running the Pentagon From the Beach. Miscommunication and culture of secrecy contributed to keeping even the president in the dark for several days. WSJ
🌎 The mafias that control Ecuador from inside their prison cells. Gangs are running profitable businesses inside the correctional facilities, and even have keys to their own units. El País
🌎 Republicans Are Making ‘Dark Money’ Even Darker for 2024. A dark money group basically told the FEC to screw off when it demanded to see its donors. Daily Beast
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