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U.S. v. Basu

 
:
Basu, Ramendra
:
DOJ Criminal
:
November 26, 2002
:
U.S. v. Basu
:
U.S. v. Basu, Cr. No. 02-475 D.D.C. 2002
:
This is the first reported case in which the World Bank or any other international financial organization made a criminal FCPA referral to prosecutors.
:
Infrastructure-Other/Multi
:
Kenya
:
1999
:
A government official in the Kenyan Project Implementation Unit (PIU).
:
Ramendra Basu and Gautam Sengupta (nationals of India and U.S. legal resident aliens) worked at the World Bank. From 1997 to 2000, Basu, an officer in the Consultant Trust Funds Office, conspired with a Swedish consultant and Sengupta, a Task Manager, to steer World Bank contracts in Ethiopia and Kenya to certain Swedish companies. Sengupta received $127,000 in kickbacks. In 1999, Basu arranged for $50,000 to be wire transferred from an account controlled by the Swedish accountant to an account in Kenya for a Kenyan government official's benefits. In 2000, both Basu and Sengupta pled guilty. In 2006, Sengupta was sentenced to two months in prision in the U.S. Basu unsuccessfully tried to withdraw his guilty plea in 2006. In 2008, he was sentenced to fifteen months in prison, two years of supervised release, and 50 hours of community service. He filed a notice of appeal in April 2008 and surrendered himself voluntarily on July 8, 2008. On March 31, 2009, Basu's motion to be released on bond pending appeal was denied.
:
Anti-bribery (Other Persons)
:
Wire Fraud
:
Plea
:
This sanction consisted of 15 months imprisonment.
:
Not stated.
:
15
:
According to the pleadings in this matter, the Guidelines level for Basu was 15, apparently based on aggregate bribes of kickbacks of approximately $172,000 and with no credit for acceptance of responsibility as a result of his efforts to withdraw his plea. In addition, the government refused to make a departure motion despite his having testified in the Swedish proceedings against two co-conspirators (which he may have recanted). Thus, his Guidelines range was 18-24 months and a fine of $4,000 - $40,000. The Court, however, appears to have departed slightly downward to 15 months, perhaps as a result of the sentencing disparity with his co-defendant, Sengupta.
:
Other Person
:
Government Affairs
:
Foreign
:
Contract Procurement/Retention
:
384,800
:
Wire/check
:
Sales Agent/Consultant
:
50,000
:
Kenya
:
Sweden
:
No
:
No
:
Sweden