For playing a major role in a money-laundering scheme designed to promote violations of the Foreign Corrupt Practice Act, a former executive of French company Alstom, Lawrence Hoskins, has been sentenced to 15 months in prison by Judge Janet bond Arteton of the District of Connecticut. The November trial saw prosecutors presenting evidence revealing how Hoskins engaged in a conspiracy to bribe Indonesian officials including a high-ranking member of the Indonesian Parliament and the President of Perusahaan Listrik Negara, the state-owned and state-controlled electricity company in Indonesia in exchange for aid in securing $118 million contracts, known as Taharan Project.
In his bid to bury the shameful act of bribery, Hoskins with his cohorts retained two consultants to appear to provide legitimate consulting services in Alstom’s name in connection with the Taharan Project. Though Hoskins did not visit the U.S. evidence gathered revealed how he incessantly emailed and called the U.S.-based co-conspirators regarding the scheme. The prosecutors argued that Hoskins violated the FCPA by serving as a middleman for Alstom’s U.S. subsidiary to arrange bribes.
