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

Florida businessman Wakil indicted on US Foreign Corrupt Practices Act charges alleging bribery of Venezuelan officials

( July 29, 2021, 15:31 GMT | Official Statement) -- MLex Summary: Naman Wakil, a Syrian national living in the Miami area as a US permanent resident, has been charged with US Foreign Corrupt Practices Act and money laundering violations alleging he bribed Venezuelan oil and food officials to obtain contracts with their agencies. The indictment said Wakil used bank accounts in South Florida to launder money to bank accounts in Switzerland, Panama and the Cayman Islands to both pay bribes to the officials and to conceal the proceeds of the bribes. The indictment includes a forfeiture action seeking properties in South Florida and funds in Synovus Bank and United Bank.See attached indictment....

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