Feds Give Up On Massive Gabon FCPA Case

Law360, Washington (February 21, 2012, 1:33 PM EST) -- The federal government on Tuesday dropped its vast Foreign Corrupt Practices Act case accusing more than 20 military equipment industry executives of bribing Gabonese officials to win business, ending years of unsuccessful prosecution and dealing a major setback to the U.S. Department of Justice.

Prosecutors alleged the executives tried to bribe then-Gabonese defense minister Ali Bongo, now the country's president, in order to win contracts to provide armor, weapons and military gear, in violation of the FCPA. The DOJ filed a motion to dismiss the case...
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