US Justice Department reportedly shrinks foreign bribery investigation team
Investing.com -- The team at the U.S. Justice Department responsible for investigating allegations of foreign bribery has significantly shrunk, according to a Reuters report on Monday. This comes as President Donald Trump's administration reassesses its enforcement of an anti-corruption law that has been in place for decades.
The Department of Justice's Fraud Section, which is in charge of enforcing the anti-bribery law, has been reduced to around 15 prosecutors. This is a substantial decrease from the 32 prosecutors reported in January, as stated on the department's website, the report said.
This reduction follows an executive order issued by President Trump in February. The order called for a temporary halt in the enforcement of the Foreign Corrupt Practices Act (FCPA), a law enacted in 1977. The FCPA prohibits companies operating in the U.S. from bribing foreign officials and is considered a fundamental part of federal efforts to fight corruption.
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