Historic attitudes favouring globalisation are fundamentally changing....
| 1yr
| 1yr
Historic attitudes favouring globalisation are fundamentally changing....
A general counsel who became a government informant against the CEO of oil-services company PetroTiger was deemed 'a problematic witness' by the government. The goverment setted the case against the former CEO Joseph Sigelman in exchange for a guilty plea over conspiring to violate the Foreign Corrupt Practices Act. General counsel Gregory Wiseman, who pleaded guilty to bribery and money laundering, said he saw his role working for Mr Sigelman as his key job and not as legal watchdog. Mr Wiseman claimed that he did as he was told - such as authorising bribe payments to an employee at Colombia's state-run energy company Ecopetrol. However, Mr Sigelman's lawyers denied the claims made by Mr Wiseman. The government offered the CEO an unexpected mid-trial deal which allowed him to plead guilty and avoid jail. He has been disbarred. Source: Wall Street Journal
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