By Sam Willie
The Wall Street Journal reports on an announcement that the FBI will triple the number of agents it devotes to Foreign Corrupt Practices Act (FCPA) Enforcement from 10 to 30 agents. Joseph Campbell, Assistant Director of the FBI’s Criminal Division justifies this move by arguing that “the growing global economy and the growing nature of international commerce with globalization of more companies and economies, … creat[es] more opportunities for the potential of FCPA and corruption.” The Bureau’s colleagues at the Securities and Exchange Commission and the U.S. Department of Justice will likely welcome this news as they often utilize the FBI to conduct investigations of potential FCPA violations. FBI Agents will also be expected to play a role in assisting other nations claw back funds paid to corrupt officials.
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