A federal jury has found guilty a former executive of French power and transportation company Alstom for his role in a multi-year, multi-million-dollar foreign bribery scheme and related money-laundering scheme in Indonesia. For compliance officers and in-house counsel, the case is a cautionary tale about the far-reaching jurisdictional scope of the Foreign Corrupt Practices Act.
The underlying dispute concerned FCPA charges brought by the Department of Justice against Lawrence Hoskins, a U.K. citizen employed by the U.K.-based subsidiary of Alstom. Hoskins was assigned to work with a French subsidiary of Alstom on a project in Indonesia. He was first indicted in 2013.
