House Bill Would Let US Prosecutors Go After Corporate Bribe Recipients Abroad
A bipartisan group recently introduced a bill in the House of Representatives that would allow U.S. prosecutors to indict foreign officials who demand or accept bribes in return for fulfilling, ignoring or violating their official duties.
August 06, 2019 at 06:17 PM
4 minute read
Federal prosecutors have been able to indict corporations and their employees for foreign bribery since 1977, but on the flip side there is no U.S. law that allows prosecutors to go after foreign officials who solicit those bribes.
That may be changing. Last week a bipartisan group introduced a bill in the House of Representatives that would allow U.S. prosecutors to indict foreign officials who demand or accept bribes in return for fulfilling, ignoring or violating their official duties.
Attorney William Steinman told Corporate Counsel the proposed law does not impose any significant new burden or corporations. Steinman is a name partner at Steinman & Rodgers, a boutique Washington, D.C., law firm that focuses on foreign bribery cases.
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