Back in 2016, AAF published a story about Och-Ziff's FCPA trouble involving, among Congolese diamond mines, the so-called Libyan Investment Authority (LIA). The LIA was a sovereign wealth fund ("SWF"), recalls Andreas Stargard, an attorney with Primerio Ltd., focused on anti-corruption and antitrust matters in Africa: "In the case of Och-Ziff, the LIA was allegedly implicated in … Continue reading Sovereign Wealth Funds: Contributing to African growth or abetting corruption?
Och-Ziff’s African (formerly lucrative) nightmare
Och-Ziff Capital Management Admits To Role In Africa Bribery Conspiracies And Agrees To Pay $213 Million Criminal Fine From the U.S. Attorney’s Office for the Eastern District of New York: "Och-Ziff Enters into 3-Year Deferred Prosecution Agreement; Och-Ziff Subsidiary Pleads Guilty to Conspiracy to Violate the FCPA" BROOKLYN, NY – The U.S. Attorney’s Office for … Continue reading Och-Ziff’s African (formerly lucrative) nightmare
Anti-Fraud & Corruption Law in Africa 