Combatting corporate and financial crime is a key focus of the Commonwealth Director of Public Prosecutions (CDPP) – Australia’s Federal prosecution service.
We outline three recent NSW cases and the prosecution results obtained by the CDPP, as outlined on their website.
Case 1: Foreign bribery
The defendant controlled several companies based across Australia, Nauru, India and the UAE, involved in importing rock phosphate from Nauru to Australia.
Between 2015-2017, illegitimate payments of $129,500 (AUD) were made to Nauruan foreign public officials to expedite shipments to Australia. These shipments resulted in significant profits for the companies, which essentially funded the bribes.
The defendant pleaded guilty to two offences of causing bribes totalling $129,500 to be paid to foreign public officials, contrary to the Criminal Code 1995 (Cth).
The maximum penalty for each of the offences is 10 years imprisonment…