The clock has run out on the U.S. government’s bribery prosecution of two defendants who sought inside deals on the privatization of the Republic of Azerbaijan’s oil industry.

In United States v. Kozeny, 05 cr. 518, Judge Shira Scheindlin of the U.S. District Court for the Southern District of New York ruled that a five-year statute of limitations that applies to the Foreign Corrupt Practices Act expired.

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