Several recent investigations of large companies under the Foreign Corrupt Practices Act (FCPA) have resulted in large fines as punishment for bribery payouts totaling hundreds of millions. Now a FCPA prosecution of an individual, Charles Paul Edward Jumet, for improperly paying $200,000 to obtain lighthouse and buoy contracts in Panama, has resulted in a 7.25 year prison sentence. While Jumet’s conviction is based on other charges as well (making false statements to federal agents), Mike Koehler at FCPA Professor wonders whether justice is being served equally.
Comments are closed.