Podchaser Logo
Home
Dyncorp Reports Payments, Removes Compliance Officer

Dyncorp Reports Payments, Removes Compliance Officer

Released Monday, 30th November 2009
Good episode? Give it some love!
Dyncorp Reports Payments, Removes Compliance Officer

Dyncorp Reports Payments, Removes Compliance Officer

Dyncorp Reports Payments, Removes Compliance Officer

Dyncorp Reports Payments, Removes Compliance Officer

Monday, 30th November 2009
Good episode? Give it some love!
Rate Episode
Virginia-based DynCorp International said payments by its subcontractors to speed up visas and permits may have caused the company to violate the Foreign Corrupt Practices Act. In its November 12, 2009 quarterly report (Form 10-Q), it said it found about $300,000 in payments by subcontractors to "expedite the issuance of a limited number of visas and licenses from foreign government agencies." The company didn't include any details about the project involved or the subcontractors referred to in the disclosure. It said it had self-reported the payments to the Justice Department and Securities and Exchange Commission a week earlier and hired outside counsel to conduct an investigation. . . .Read the entire post on The FCPA Blog  www.fcpablog.com
Show More
Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.
,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features