Nigerian Times

Anti Corruption Campaign Banner. Photo Credit: One Stone Advisors . 29 Dec 2011 20:50 Africa/Lagos FCPA Digest Cites Increased Prosecution of Individuals and Sharpened Focus On Judicial Opinions and Trials Shearman & Sterling report outlines business and legal implications of US, UK and other international anti-corruption activities NEW YORK, Dec. 29, 2011 /PRNewswire/ -- Although the overall number of new FCPA enforcement actions fell somewhat in 2011 – just 16 corporate cases, compared with 20 in 2010 – US authorities have continued their aggressive and proactive enforcement of the statute and are now being joined by their foreign counterparts, according to global law firm Shearman & Sterling LLP. Shearman & Sterling's semi-annual "Recent Trends and Patterns in FCPA Enforcement" report, part of the firm's renowned FCPA Digest (http://fcpa.shearman.com), showed that, despite the claims of some commentators and legislators, FCPA penalties against corporat...

There is no sign or report of any violence on Bonny Island as the deadline given by the dreaded militants is today Wednesday July 16, 2008. I have spoken to my contact inside the Kingdom and she said there is no trouble in town and the Nigerian soldiers and mobile police officers are at their various posts from Finima to Bonny. I hope the militants will let Bonny Island be as peaceful as it is today. The enemies of the Niger Delta have left town and they are either in their safe comfort zones in Abuja or have fled to foreign countries where they believe they would be safer.

Nigerian soldiers Many families are fleeing Bonny Island before tomorrow July 16, the deadline of the ultimatum militants gave foreigners and non-indigènes to leave before their attacks on the kingdom. The Nigerian soldiers are fully armed to confront them as I saw many soldiers guarding the Nigerian LNG Bonny Plant Complex and residential areas. I saw a tough looking soldier in combat mood with a machine gun behind a fortification of sandbags. They were frisking people on foot and searching vehicles. I was at the Guaranty Trust Bank on Bonny Island to deposit some dollars in a domiciliary account, but the bank could not receive such deposits, because it was not fully operational in fear of the looming hostilities and most banks have been shut on Bonny Island. I heard the bad news that some people fleeing Bonny Island drowned when their boat capsized in the Bonny river. I was sad, but I could not stop those I knew were fleeing in fear. I can only pray for their safety. I believe the ...