Financial crime specialists Rahman Ravelli discussed Multilateral Development Bank investigations with Law360

5 August 2020

Posted in : Multilateral Development Bank (MDB).

The US Second Circuit’s rejection of an appeal by two FIFA executives convicted of honest services wire fraud is set to have major implications for prosecuting those involved in financial wrongdoing relating to multilateral development bank (MDB) projects.

Rahman Ravelli wrote an article that examined the background to the case and the legal arguments put forward in the appeal. They also focused on the main conclusion that can be drawn from the outcome – that it confirms that the reach of US anti-corruption efforts extends far beyond the bounds of the Foreign Corrupt Practices Act.

The article was published by Law 360 and can be read here. (Subscription required)

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Financial crime specialists Rahman Ravelli discussed Multilateral Development Bank investigations with Law360

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