2nd Circle Confirms FCPA acquittal of former Alstom executive

By Stewart Bishop (August 12, 2022, 8:04 p.m. EDT) — The Second Circuit on Friday upheld the lower court’s acquittal of former Alstom SA executive Lawrence Hoskins on the Corrupt Practices Act charges at abroad regarding bribery of Indonesian government officials, concluding that he was not an agent of Alstom’s US subsidiary.

Hoskins and others were first accused nearly a decade ago of facilitating bribes to Indonesian officials, including an Indonesian member of parliament and senior company executives. utility company Perusahaan Listrik Negara, to secure a $118 million power-related services contract for the so-called Tarahan project.

After an interlocutory appeal that led the Second Circuit to limit the application of…

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