Reuters
U.S. official to firms: Don’t game DOJ policy against multiple penalties
A Department of Justice official on Wednesday warned companies against seeking lower penalties for bribery and foreign corruption violations by abusing a government policy discouraging officials from pursuing multiple enforcement actions against a company for the same misconduct. Firms should not abuse the so-called piling-on initiative, launched in 2018, by pressing the Justice Department for no action after seeking deals with other enforcement authorities, said Nicholas McQuaid, acting assistant attorney general for the agency’s criminal division. “That is not the sort of approach that the ‘piling on’ policy is designed to encourage, and it is not the sort of approach that will find a receptive audience at the Department,” Nicholas McQuaid said in remarks at an anti-corruption event.