To Resolve Kuwaiti Bribery Charges, IAP Pays $7.1 Million and Former Executive Pleads Guilty

In the DOJ’s first corporate FCPA settlement action of 2015, Florida-based defense and government contracting company IAP Worldwide Services, Inc. has agreed to pay $7.1 million in four installments to resolve charges it conspired to bribe Kuwaiti officials, through an intermediary, in exchange for a contract to build a homeland surveillance system.  The company admitted the charges in a non-prosecution agreement and the primary employee involved, James Michael Rama, pled guilty.  The DOJ cited IAP’s cooperation as a factor for entering into the NPA.  See “Prosecutors and Defense Lawyers Discuss FCPA Risk Areas, Government Expectations and the Length of Investigations,” The FCPA Report, Vol. 4, No. 11 (May 27, 2015).

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