Jump to content Jump to menu
Why Register?

Shearman FCPA Website: Cases Logo Shearman & Sterling LLP FCPA.Shearman.com: The One-Stop Resource on the Foreign Corrupt Practices Act

U.S. v. Christian Sapsizian and Edgar Valverde Acosta

 
:
Alcatel - Acosta, Edgar Valverde
:
DOJ Criminal
:
March 20, 2007
:
U.S. v. Christian Sapsizian and Edgar Valverde Acosta
:
U.S. v. Sapsizian, No. 1:06-cr-20797-PAS-2 (S.D. Fl. 2007)
:
Telecommunications-Mobile
:
Costa Rica
:
2000; 2001; 2002; 2003; 2004
:
Director of the Instituto Costarricense de Electricidad (ICE), the state-owned telecommunications authority of Costa Rica, who was also an advisor to a senior government official, and who also shared the payments with that official.
:
Acosta was the senior country officer of Alcatel in Costa Rica, directing Alcatel's local wholly-owned subsidiary. In 2000, Alcatel began lobbying the Instituto Costarricense de Electricidad (ICE), the state-owned telecommunications authority of Costa Rica, to install a GSM-based mobile telephone network. While pursuing this contract, Acosta met with a Senior ICE official and Christian Sapsizian, the Assistant to the Vice President of the Latin American Region for Alcatel. Alcatel offered a bribe to the ICE official in exchange for awarding Alcatel the mobile telephone contract. The bribe would be shared with a senior government official who would help Alcatel obtain the contract.

From 2000 to 2003 Acosta instructed a consulting firm, Servicios Notariales ("Servicios"), to make payments to the ICE official by sending invoices to Alcatel related to consulting contracts. Sapsizian would approve the invoices personally and Alcatel would transfer the money from its U.S. bank accounts to Servicios's accounts in Costa Rica for Servicios to pass to the ICE official. As a result of these payments, Alcatel received two contracts from ICE worth $250 million.

Acosta was charged with violating the FCPA and money laundering conspiracy. He remains at large.

Sapsizian plead guilty to two counts of violating the FCPA on September 23, 2008 and was sentenced to 30 months in prison.
:
Anti-bribery (Issuer), Conspiracy - Anti-Bribery
:
Conspiracy - Money Laundering
:
Fugitive
:
Not stated.
:
0
:
Agent of Issuer, Director of Issuer, Employee of Issuer
:
Country Sales, Director
:
Foreign
:
Contract Procurement/Retention
:
250,000,000
:
Wire/check
:
Sales Agent/Consultant
:
Not stated.
:
Costa Rica
:
United States
:
No
:
No
:
Costa Rica