Any client operating within Canada and any other international markets needs to be well-informed of the anti-corruption legislation, and of the CFPOA in particular. Offenses of this act can be punishable to jail time and fines, which is up to the discretion of the court. Along with criminal penalties, companies or corporations who are in violation of the CFPOA may be disqualified from federal government contracts in Canada, and from foreign government contracts financed by international organizations (Eljarrat). Further explanation of federal sentencing guidelines and penalties based on particular recent cases will be provided below.
Current Cases Since the enactment of the CFPOA in 1999, there was very little enforcement of the act for the first decade of its existence (Matsoukas). Because this caused problems to arise, amendments were made to the CFPOA in 2013. So the client can be fully aware of all recent amendments and changes, this document will examine several recent cases that brought about this legislative change.
Niko Resources Ltd. One notable case deals with Niko Resources Ltd., a Canadian oil and gas company headquartered in Calgary that operates in India, Bangladesh, Indonesia, and Trinidad. Niko does not produce any oil and gas in Canada but conducts business operations in other …show more content…
Mahamoud Adam Bechir, Chad’s ambassador to the United States and Canada from 2004-2012, agreed to use his position to influence the award of oil development rights in Chad in exchange for $2 million from Griffiths Energy in 2011. To conceal the bribe, Bechir and his wife entered into agreements with the firm that provided for the payment of a “consulting fee” if the firm secured oil rights in Chad. After the rights were secured, Griffiths Energy transferred the $2 million consulting fee to an account owned by Bechir’s wife (“Department of
Current Cases Since the enactment of the CFPOA in 1999, there was very little enforcement of the act for the first decade of its existence (Matsoukas). Because this caused problems to arise, amendments were made to the CFPOA in 2013. So the client can be fully aware of all recent amendments and changes, this document will examine several recent cases that brought about this legislative change.
Niko Resources Ltd. One notable case deals with Niko Resources Ltd., a Canadian oil and gas company headquartered in Calgary that operates in India, Bangladesh, Indonesia, and Trinidad. Niko does not produce any oil and gas in Canada but conducts business operations in other …show more content…
Mahamoud Adam Bechir, Chad’s ambassador to the United States and Canada from 2004-2012, agreed to use his position to influence the award of oil development rights in Chad in exchange for $2 million from Griffiths Energy in 2011. To conceal the bribe, Bechir and his wife entered into agreements with the firm that provided for the payment of a “consulting fee” if the firm secured oil rights in Chad. After the rights were secured, Griffiths Energy transferred the $2 million consulting fee to an account owned by Bechir’s wife (“Department of