Foreign Bribery Update 2015: September

Articles Written by Robert Wyld (Consultant)

This Update covers a range of important developments in Australia and overseas in the area of foreign bribery policy, investigations and regulation to 1 September 2015. These developments will impact on Australian businesses working offshore and only reinforces the need to have and to implement an ongoing, pro-active anti-corruption compliance framework within your business.

Please insert this Update behind the Updates tab in your copy of the JWS Foreign Bribery Guide.

Important Developments

The key issues that are covered in this Update include:

  • Australia – Senate Review into Australia’s Foreign Bribery Laws
  • Australia – Securency suppression order lifted, Asian politicians identified
  • Australia – books and records and internal controls and BHP Billiton’s Beijing Olympics hospitality program
  • Australia – Fraud Against the Commonwealth Report 2015
  • Australia – Ernst & Young review of bribery in the mining and metals industries
  • Australia – NSW ICAC and “serious corruption”
  • Australia – WA changes to Corruption & Crime Commission powers
  • Australia – Insider trading and assessment of “proceeds of crime” from insider share trading transactions
  • New Zealand – Update on Organised Crime and Anti-Corruption Bill
  • Mexico– National Anti-Corruption System
  • United Kingdom – UK Aid Evidence Paper on Corruption
  • United Kingdom – Activities of National Crime Agency
  • United Kingdom – Privy Council judgment on backward tracing rights in fraud cases
  • US Developments

Australia’s Senate Review into Australia’s Foreign Bribery Laws

From July 2015, the Senate Economics Reference Committee commenced its long-publicised review into Australia’s foreign bribery laws. Submissions have been called from interested parties, to be lodged with the Senate by 24 August 2015. The Committee is to finalise its report by 1 July 2016.

There are likely to be numerous topics up for review by the Senate. These include:

  • an entire review of section 70 of the Criminal Code (the foreign bribery offence) given we have seen only 2 prosecutions in over 15 years;
  • abolishing facilitation payments;
  • improving the corporate criminal liability provisions (again because there have been no prosecutions);
  • considering the introduction of a deemed corporate liability offence reflecting section 7 of the UK Bribery Act with an “adequate procedures” defence;
  • introducing structured Deferred Prosecution Agreements (currently under review);
  • reviewing how the existing enforcement agencies work together – AFP or ASIC – and the role of the CDPP;
  • creating a books & records and internal controls offence with substantial penalties (under the Corporations Act for ASIC to enforce or the Criminal Code for the AFP to enforce);
  • introducing comprehensive whistleblower protections and rewards in the private sector;
  • considering the publication of an Australian Foreign Bribery Guidance to business similar to guidance published in the US and the UK;
  • reviewing and implementing a national Anti-Corruption Plan, modelled on the UK plan; and
  • creating an independent Federal anti-corruption commission.

There appears to be a fundamental fracture in the present system of investigation and enforcement of foreign bribery laws in Australia. Throughout the 22 submissions lodged with the Senate:

  • almost all describe Australia’s foreign bribery enforcement record as weak, poor or ineffectual;
  • almost all, bar two, strongly encourage the abolition of the facilitation payment defence while one suggests if the defence remains, clear guidance should be published on payments that are permitted;
  • several encourage a complete review of the current investigation and enforcement regime; and
  • most submissions note the lack of a whole-of-government approach to targeting foreign bribery, with the result that there is as perception amongst business (and the community more generally) that prosecutions for illegal commercial conduct (foreign bribery) are rare, too hard and complex so just get on with your business, risky though it may be.

In over 15 years, we have seen only two prosecutions for offences under section 70 of the Criminal Code. The Securency case commenced in July 2011 and most details of it are suppressed in Australia. The Lifese foreign bribery prosecution commenced in February 2015. We have seen no corporate criminal liability prosecutions relating to foreign bribery (under sections 12.1 to 12.6 of the Criminal Code). We have seen no civil prosecutions for false or misleading books and records. We have seen ASIC spend almost six years pursuing former AWB directors and officers for alleged breaches of their duties arising out of the infamous AWB wheat sales to Iraq in the early 2000s, two agreed to fines and a disqualification period (the former Managing Director and Chief Financial Officer), two had their cases discontinued in late 2013 and two face trial listed to commence in October 2015.

Why is that? Is the law too difficult to enforce? There have been no substantive changes to the law so that can hardly be the issue. Are cases too hard to prove or is the CDPP seeking too high a threshold to prosecute (certainty of success rather than evidence of a reasonable basis to secure a conviction, as the CDPP Prosecution Policy promotes)? What role should ASIC and the AFP play and how can criminal and civil prosecutions be improved are key areas to review.

The national Fraud & Corruption Centre hosted by the AFP draws upon multi-agency skills and experience, yet still Australia sees or hears little about why there is so little enforcement. It is time to reassess the overall management of Australia’s national response to fraud, corruption and foreign bribery and to decide if it is important enough for political leadership to dedicate resources to the process consistent with Australia’s international obligations. We all like to be a Convention signatory but are we prepared to live up to convention obligations?

Australia – Securency Suppression Orders and Foreign Politicians

Annexure A to the CDPP Prosecution Policy states that the Commonwealth Director of Public Prosecutions has issued the following statement:

When deciding whether to prosecute a person for bribing a foreign public official under Division 70 of the Criminal Code, the prosecutor must not be influenced by:

  • considerations of national; economic interest;
  • the potential effect upon relations with another State; or
  • the identity of the natural or legal persons involved.

This statement reflected the terms of Article 5 of the OECD Convention. There is however, no law in Australia giving effect to this “obligation”.

Australian courts all have statutes or rules that permit the suppression or non-publication of certain facts, information or evidence or the whole or part of a proceeding before the Courts.

In June 2014, the Australian Government through Department of Foreign Affairs & Trade (DFAT) secured suppression orders seeking to protect the identity of various Asian political figures from being named as alleged participants in the Securency bribery scandal in circumstances where those individuals were not charged with any offence. The DFAT notice informing the Court of its application for a suppression order stated that its purpose was “to prevent damage to Australia’s international relations that may be caused by the publication of material that may damage the reputation of specified individuals who are not the subject of charges in these proceedings.” Quite why Australia should be concerned to protect the reputation of Asian-based politicians who can well look after their own reputation (and often do by suing for defamation and using national sedition laws to silence critics) is not entirely clear from the judgment (as the key evidence is redacted).

In June 2015, the Court revisited its initial orders on the application of the Australian media. After hearing debate, the Court’s judgment discharged the initial suppression orders. While the Court was critical of Wikileaks for publishing the June 2014 orders and the media for inaccurate reporting of the effect of those orders, the Court was not persuaded to maintain the suppression orders. The Court characterised DFAT’s evidence as “unsourced or second-hand hearsay” and was drafted “at an unsatisfactory high level of vagueness or generality.” The Court made it clear that the strong public interest in the public knowing about the Securency case and what did or did not happen had to be balanced with countervailing public interest considerations concerning protecting the administration of justice and Australia’s national security – matters that DFAT bore the onus of establishing, which it failed to do.

Article 5 of the OECD Convention is clear – economic interests or the identity of persons is and should not be a relevant consideration.

When individuals may be named in any criminal proceeding, it is for the Court and those persons to deal with it – it should not be the role of Government to come in and seek to protect friendly politicians in the name of “national security” (whatever that means on any particular day). It is important to remember that to be truly effective, foreign bribery offences need to target not only those responsible for paying the bribe but also those who either directly or indirectly – whether at first instance or second instance or even more remotely – benefited from the bribe. Seeking to suppress the name of some individual who allegedly ultimately received some benefit from the illegal conduct does not assist foreign Sovereign States in preventing bribery of their public officials The use of suppression orders in circumstances such as these should only be granted in the most exceptional of cases and rarely if ever in foreign bribery cases (given the very high level of public interest in requiring such cases to be public and transparent) so justice is not only done but is seen to be done in the eyes of the public and society generally.

Australia – Books and Records, Internal Controls and BHP Billiton

There is a significant failing in Australia’s laws in relation to foreign bribery – there are no comparable books and records and internal controls offences in Australia as there is under the US FCPA, as enforced with great success by the US SEC.

The FCPA requires issuers (those listed entities or other entities trading in US-listed shares subjected to the FCPA) to make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the entity’s assets. In addition, issuers must devise and maintain a system of internal accounting controls that assures that transactions are executed and assets are accessed only in accordance with management’s authorisation; are periodically reconciled and recorded so that the entity’s financial statements conform to nominated standards. Critically, issuers are strictly liable for the failure of any of their owned or controlled foreign affiliates to meet the books and records and internal control standards.

Under the Corporations Act, a corporation is already required to keep written financial records that correctly record and explain its transactions, financial position and performance and which would enable true and fair financial statements to be prepared and must not falsify records or provide false information. Conduct in contravention of these provisions are offences of strict liability with penalties ranging from fines of up to 200 penalty units (or approximately $34,000 and/or 5 years imprisonment per offence). A director is liable to a civil penalty if he or she fails to take all reasonable steps to comply or to secure compliance with the record-keeping provisions.

This brings us to BHP Billiton’s hospitality program for the Beijing Olympics in 2000, having been named as a principal sponsor and having secured a contract to mint the medals for those Olympics. BHP Billiton is a dual listed Australian and UK entity and one of the largest mining corporations in the world.

On 20 May 2015, the US SEC announced that BHP Billiton would be fined an amount of US$25 million for contraventions of the books and records and internal control provisions of the FCPA. According to the press release issued by the SEC:

An SEC investigation found that BHP Billiton failed to devise and maintain sufficient internal controls over its global hospitality program connected to the company’s sponsorship of the 2008 Summer Olympic Games in Beijing. BHP Billiton invited 176 government officials and employees of state-owned enterprises to attend the Games at the company’s expense, and ultimately paid for 60 such guests as well as some spouses and others who attended along with them. Sponsored guests were primarily from countries in Africa and Asia, and they enjoyed three- and four-day hospitality packages that included event tickets, luxury hotel accommodations, and sightseeing excursions valued at $12,000 to $16,000 per package.

BHP Billiton footed the bill for foreign government officials to attend the Olympics while they were in a position to help the company with its business or regulatory endeavours,” said Andrew Ceresney, Director of the SEC’s Division of Enforcement. “BHP Billiton recognized that inviting government officials to the Olympics created a heightened risk of violating anti-corruption laws, yet the company failed to implement sufficient internal controls to address that heightened risk.

What is the response from Australia – little to non-existent save for suggestion in the media (The Sydney Morning Herald 9 August 2015) that the AFP was still investigating BHP Billiton in relation to the Beijing Olympics activities. Certainly there is no suggestion in the media or from ASIC that ASIC is investigating BHP Billiton for any allegedly false or misleading books and records offences arising out of the Beijing Olympics case. In all probability, the US and Australian authorities accepted that if BHP Billiton was to be punished, the US authorities would do it as the laws in Australia were in all likelihood seen as inadequate.

It is important that a substantial books and records and internal controls offence for foreign bribery must be created and the penalties must be as severe as the underlying primary foreign bribery offence (in section 70.2 of the Criminal Code). Careful consideration should be given to whether these offences are included in the Corporations Act (to be enforced by ASIC) or in the Criminal Code (to be prosecuted by the CDPP) and wherever they exist, they are properly and robustly enforced.

Australia – Fraud Against the Commonwealth and a national ICAC

Fraud, including corruption (involving an abuse or misuse of public position), is and continues to be an endemic problem for all governments. There is no reason in principle or practice for the focus on foreign bribery to be at the cost of not addressing national, domestic corruption, however uncomfortable that might be to national politicians and public officials.

There are certain key views about fraud in and affecting the Commonwealth government that have recently been reviewed (Australian Institute of Criminology, Fraud Against the Commonwealth 2010-2013, Canberra, July 2015).

Over the 3 years between 2010 and 2013, there were at least 265,866 incidents of suspected fraud reported by Commonwealth entities.

  • Each year, substantially greater numbers of external fraud incidents were detected than suspected internal fraud incidents.
  • Fraud involving financial benefits was the most frequently reported category of external fraud.
  • Over the 3 years, the number of fraud-related corruption increased substantially from 37 incidents in 2010-2011 to 163 in 2012-2013.
  • While the cost of this fraud is hard to quantify and figures may vary, a conservative estimate is approximately $530m over 3 years, with increases from $119m in 2010-2011 to $204m in 2011-2012 to $207m in 2012-2013.
  • Over the 3 years, external fraud accounted for $521m while internal fraud amounted to $9.1m or 1.7% of the total reported fraud losses.
  • In relation to external fraud:
    • risks arise in connection with the provision of new benefits, the introduction of new taxes, procurement practices, government-funded programs and the use of consultants; and
    • the relationship between corruption and collusion between external actors and those public servants working within government.

The Resources Management Guide No 201 Preventing, Detecting and Dealing with Fraud, reflecting the 2011 Commonwealth Fraud Control Guidelines, require Commonwealth entities to investigate routine or minor instances of fraud. More serious instances are usually referred to the AFP.

Who investigates Government fraud at the Commonwealth level? In the first instance, the relevant entity conducts its own investigation. If the incident is more serious, the AFP is usually called in pursuant to a referral and if charges arise, they are conducted by the CDPP. More broadly, the Commonwealth Integrity Commissioner, supported by the Australian Commission for Law Enforcement Integrity, is responsible for preventing, detecting and investigating serious and systemic corruption issues in a limited number of prescribed Australian Government law enforcement agencies.

The Criminal Code contains extensive provisions dealing with offences involving Commonwealth public officials which are separate from the foreign bribery offence. Nevertheless, foreign bribery and corruption (involving public officials and private commercial interests) are but one shade of fraud in a general sense as the public invariably perceive it. To have proactive anti-corruption commissions at the State level, but nothing at the Commonwealth level is, to say the least, very puzzling. The public is rightly sceptical of politicians who are the first to cast accusations at opponents for impropriety, yet then duck and weave when anyone suggests a truly independent body be created to review allegations of improper or illegal conduct. The creation of such a body can only improve the public’s perception of politicians and the political process which ought to place trust, integrity and ethical conduct at the forefront of how our community leaders behave.

Australia – Ernst & Young Fraud, Bribery & Corruption Survey in the Mining and Metals Industry

In August 2015, Ernst & Young published their 2015 report on Managing fraud, bribery and corruption risks in the mining and metals industry.

In the extractive industries, Ernst & Young see two leading developments – an increasing globalisation with multinationals operating across the globe with increasing risk profiles and second, global anti-corruption enforcement on the rise. These developments are not exclusive to extractive industries. Based on figures from TRACE International, extractive industries accounted for the highest number of fraud, bribery and corruption enforcement actions for any given industry.

Other important lessons from the report include the following:

  • an increased cooperation between international regulators;
  • fraud and corruption is seen by corporations as one of the top risks to manage;
  • despite increased enforcement and regulation, corporations still take risks, paying cash to win or retain business or misstating financial records;
  • facilitation payments remain the norm for many corporations in high risk countries and properly complying with strict recording obligations is patchy.

It is expected legislation will be introduced and supported by all sides of politics and in the words of the NSW Premier, “we want ICAC to get cracking…we want it to continue to hunt down serious and systemic corruption in this state.”

Australia – NSW ICAC and “Serious Corruption”

In August 2015, the New South Wales Government announced its response to the independent review of the function and powers of the NSW Independent Commission Against Corruption (ICAC). This review was prompted by ICAC’s ultimately unsuccessful and aborted investigation into the conduct of a serving senior Crown Prosecutor and rulings by the High Court of Australia (see Independent Commission Against Corruption v Cunneen [2015] HCA 14 where the Court held that ICAC could not investigate cases in which a private citizen adversely affected the functions of an honest public official) that the investigation was beyond ICAC’s powers. In the interim, the NSW Government had legislated to validate all of ICAC’s then existing findings and investigations.

The NSW Government will:

  • limit ICAC’s jurisdiction to making findings “only in the case of serious corrupt conduct”;
  • permit ICAC to investigate the conduct of non-public officials in limited circumstances (such as collusive tendering, fraud in or relation to applications for mining licenses and dishonestly benefiting from the payment of public funds); and
  • permit ICAC to examine breaches of donation and lobbying laws.

Australia – WA Corruption & Crime Commission and “serious misconduct”

The Corruption and Crime Commission Act 2003 (WA) has been substantially amended, now known as the Corruption, Crime and Misconduct Act 2003.

The Act makes a number of important changes including:

  • focusing the Commission’s investigation work into “serious misconduct" while leaving “minor misconduct” to the Public Sector Commission (PSC);
  • permitting conduct reported to the wrong agency to be referred to the correct agency (the Commission or the PSC);
  • reminding agency principal officers of their paramount duty to report conduct which he or she suspects on reasonable grounds to be serious or minor misconduct; and
  • with new Guidelines issued concerning the reporting obligations.

These changes are likely to be reflective of the changes proposed for the NSW ICAC so that State ICACs can focus on serious misconduct or serious offences and leave other, more minor misconduct to administrative agencies.

Australia – Insider Trading and the Proceeds of Crime

In August 2013, John Eugene Gay, former Managing Director of Gunns Ltd, was convicted of insider trading following the disposal by him of 3,404,178 Gunns Ltd shares between 2 and 10 December 2009.

On 20 April 2015, the Tasmanian Supreme Court considered how to assess the proceeds of crime, arising by reason of the inside selling of shares by Mr Gay, for the purposes of a pecuniary penalty order under the Proceeds of Crime Act 2002 (Cth) (POCA). The gross proceeds of the sale of the shares were approximately $3,095,000.

The Court accepted that in an insider trading case involving the sale of shares, the whole of the purchase price, in selling the shares, will not necessarily be liable to forfeiture to the Commonwealth. The Court found that not all of Mr Gay’s share acquisition costs were expenses or outgoings “incurred in relation to the illegal activity” as required by the POCA. While the Court accepted the draconian nature of the POCA and the policy it was designed to achieve, it would be irrational to adopt a blanket view as advanced by the Crown. The Court rejected the Crown’s case and left it to further argument as to the correct calculation of the proposed pecuniary order.

This judgment is important as a Court will look at the circumstances where an original purchase of property or an asset (such as shares) is untainted by later illegal conduct giving rise to POCA jurisdiction in determining what may or may not be the proceeds derived from criminal conduct.

New Zealand – Update on Organised Crime and Anti-Corruption Bill 2015

The Organised Crime and Anti-corruption Legislation Bill is part of the New Zealand Government’s All of Government Response programme to combat serious crime. The Bill, introduced to Parliament in June 2014, gives law enforcement agencies in New Zealand the power to deal with organised crime and corruption. The Law and Order Committee reported the Bill back to the Parliament on 4 May 2015 and it is currently awaiting Committee of the whole House stage.

Key new measures introduced by the Bill, relevantly include:

  • requiring banks to report all international transfers of $1,000 or more and all physical cash transactions of $10,000 or more to the NZ Police Financial Intelligence Unit;
  • redrafting the money laundering offence to specify that intent to conceal is not required;
  • introducing new offences to address identity crime, including selling or passing on identity information;
  • amending the Policing Act 2008 to expressly provide Police with a power to share information with its international counterparts;
  • revising the foreign bribery offence, including clarifying the circumstances in which a corporation is liable for foreign bribery;
  • increasing penalties for bribery and corruption in the private sector to bring them into line with public sector bribery offences.

Mexico – National Anti-Corruption System

On 21 April 2015, the Mexican Government created the National Anti-Corruption System (Sistema Nacional Anticorrupcion) or SNA.

The SNA is a constitutional amendment that will have to be ratified by the Mexican States. Its aim is to correct failings identified in the existing anti-corruption framework. It is designed to ensure that the SNA will enforce anti-corruption cases at all levels of Mexican government. The legislation created four primary agencies together with a Coordinating Committee, which is designed to create policies, control public resources and to prevent corruption and encourage probity in public sector management.

United Kingdom – UK Aid Evidence Paper on Corruption

In January 2015, UK Aid through the UK Department for International Development published a valuable report, Why corruption matters: understanding causes, effects and how to address them.

It provides an up to date analysis of current trends and features of bribery and corruption in society. It identifies complex reasons and factors that facilitate corruption, including data which shows corruption is collective rather than simply individual. In terms of the effect of corruption, the report illustrates the view that lack of trust, reduced legitimacy and a lack of confidence in public institutions can be both a cause and an effect of corruption. In addressing corruption, the report notes that differing responses to corruption are required depending on the context and are most effective when coordinated into a broader package of institutional reforms.

This is a lesson many countries can learn – that tackling corruption requires political leadership and a whole-of-government approach. Fractured, piecemeal reforms invariably do not work and merely patch over the corruption cracks and crevasses.

United Kingdom – Activities of National Crime Agency

In an important development, the UK National Crime Agency is now chairing meetings of UK enforcement agencies involved in anti-corruption enforcement and is now responsible for maintaining a register of foreign bribery allegations and reports, previously managed by the Serious Fraud Office (SFO). It is understood that the UK Government is reviewing the role of the SFO which has had a less than ideal run in some areas. Over the last few years, the failed prosecution against the Tchenguiz brothers cost the SFO millions of pounds. Then, in March 2015, the SFO was fined for a major mistake by one temporary employee who sent an anonymous witness in a serious fraud, bribery and corruption investigation evidence relating to 64 other people involved in the case. The Information Commissioner’s Office which is responsible for the enforcement of data privacy as well as upholding information rights for the interest of the public, imposed a £180,000 fine on the SFO for the mistake. An overall decision on the future of the SFO is expected towards the end of 2015.

United Kingdom – backward tracing rights in fraud cases

On 3 August 2015, the Privy Council handed down judgment in The Federal Republic of Brazil v Durant International Corporation [2015] UKPC 35.

The case involved claims by Brazil, successful at first instance and on appeal, that certain of the defendants’ accounts held traceable assets of over US$10 million due to a fraud committed against a local São Paulo municipal authority. The defendants contented that as the last of the traceable payments occurred after the last of the relevant payments out of the account, a mixed account, tracing was not available.

The Privy Council held that backward tracing was available in circumstances where there is a close causal and transactional link between the relevant payments. It did not therefore matter that a debit entry appeared on the bank account of an intermediary before a reciprocal credit entry. This is an important case as it strengthens the ability of fraud and corruption victims to trace assets and not to allow assets to be put beyond their control because of the vagaries of the banking system or the structure of the transactions.

US Developments

On 27 May 2015, one of the most significant criminal prosecutions was announced when the DOJ released a 47-count indictment charging nine present and former officials of FIFA with wire fraud, racketeering, money laundering, conspiracy and other offences. While corruption was not a pleaded offence, given FIFA’s status, in the eyes of the public and the media, it was all about corruption in big business sport.

The FIFA charges involves allegations against various officials, regional federations and sports marketing companies, that they engaged in a criminal enterprise for over 20 years in soliciting and receiving bribes in exchange for lucrative media and marketing rights associated with football matches and tournaments including several past World Cups. One senior official, the US citizen Chuck Blazer, admitted to a range of illegal conduct in connection with the awards of the 1998 World Cup to France and the 2010 World Cup to South Africa. While the indictments do not plead any FCPA offences, they clearly demonstrate the DOJ’s use of numerous US laws such as racketeering and money laundering to pursue corruption in the broadest of manners. As the US Attorney General said when the charges were announced:

The indictment alleges corruption that is rampant, systemic and deep-rooted both abroad and here in the United States. It spans at least two generations of soccer officials who, as alleged, have abused their position of trust to acquire millions of dollars in bribes and kickbacks. And it has profoundly harmed a multitude of victims, from the young leagues and developing countries that should benefit from the revenue generated by the commercial rights these organisations hold, to the fans at home and throughout the world whose support for the game makes those rights valuable.

In July 2015, comments by DOJ officials in the US media suggest that the DOJ is in the process of creating a new Compliance Counsel position within the Department. It appears the position is designed to be a specialist position to check off an entity’s compliance program, both in form and in substance, before the DOJ decides whether or not to prosecute or to negotiate a resolution. While this highlights the importance for all corporations to have proactive compliance plans and conduct throughout their organisation, it remains to be seen what real difference, if any, this new position will bring to the DOJ regulatory and enforcement attitudes.

Important Disclaimer: The material contained in this article is comment of a general nature only and is not and nor is it intended to be advice on any specific professional matter. In that the effectiveness or accuracy of any professional advice depends upon the particular circumstances of each case, neither the firm nor any individual author accepts any responsibility whatsoever for any acts or omissions resulting from reliance upon the content of any articles. Before acting on the basis of any material contained in this publication, we recommend that you consult your professional adviser. Liability limited by a scheme approved under Professional Standards Legislation (Australia-wide except in Tasmania).

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