Lessons from Frederic Cilins’ Guilty Plea to Obstruction of a Criminal FCPA Probe

Frederic Cilins, a French national with ties to Guernsey-based metal, mining and energy company BSG Resources, has pled guilty to obstructing a federal criminal investigation into allegations of bribes paid in Guinea in exchange for valuable mining rights in 2008.  Cilins initially pled not guilty to a five-count indictment following his arrest at a Florida airport in April 2013.  Edward Kang, a partner at Alston & Bird LLP and former prosecutor, shared his views with The FCPA Report about the case and what companies can learn from it.  See also “A Guilty Plea and Two Flight Risks in PetroTiger Columbian Bribery Case,” The FCPA Report, Vol. 3, No. 2 (Jan. 22, 2014); “Five Lessons from 2013 FCPA Enforcement: Transaction Monitoring, International Cooperation, Documenting Hiring Decisions, Risk Assessments and Individual Prosecutions,” Vol. 2, No. 22 (Nov. 6, 2013).

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