This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Och-Ziff Africa unit pleads guilty to FCPA violation

( September 29, 2016, 22:27 GMT | Official Statement) -- MLex Summary: OZ Africa Management, a subsidiary of Och-Ziff Capital Management, pleaded guilty on Thursday to one count of violating the anti-bribery provisions of the Foreign Corrupt Practices Act. According to the plea agreement, officers and employees of the company conspired to bribe officials in the Democratic Republic of Congo. The Justice Department recommended in the plea agreement that no monetary penalty be assessed against OZ Africa Management because a $213 million fine had been imposed on its parent in a deferred prosecution agreement. Sentencing is set for March 27, 2017.Please see attached plea agreement....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections