U.S. Justice Department headquarters in Washington. (Photo: Mike Scarcella/ALM)
The U.S. Department of Justice’s pilot program for violators of the Foreign Corrupt Practices Act is apparently appealing to companies, with 22 voluntary disclosures reported in its first year.
That represents a significant increase from 13 voluntary disclosures the year before. Andrew Weissmann, chief of the DOJ Criminal Division’s fraud section, disclosed the numbers last week while speaking at the Practising Law Institute in New York City.
DOJ spokesman Peter Carr confirms the figures but declines to release any more information about the 22 new cases until the FCPA unit finalizes its report on the pilot program.