• Global Anti-Corruption Practice

Case Detail

In re Insurance Corporation of Barbados Ltd. (2018)
United States v. Donville Inniss et al. (E.D.N.Y. 2018)


Case Details
  • Case Name
  • In re Insurance Corporation of Barbados Ltd. (2018)
    United States v. Donville Inniss et al. (E.D.N.Y. 2018)
  • Date Filed
  • 08/23/2018
  • Enforcement Agency
  • DOJ
  • Countries
  • Barbados
  • Foreign Official
  • Donville Inniss, former member of the Parliament of Barbados and Minister of Industry, International Business, Commerce, and Small Business Development.
  • Date of Conduct
  • 2015 to 2016
  • Nature of Business
  • The Insurance Corporation of Barbados (“ICBL”) was an insurance company incorporated in Barbados. Donville Inniss, a U.S. permanent resident, was a member of the Barbadian Parliament and the Minister of Industry, International Business, Commerce, and Small Business Development of Barbados.
  • Influence to be Obtained
  • According to the DOJ, between August 2015 and April 2016, ICBL made improper payments to a Barbadian government official to obtain insurance contracts. ICBL earned approximately $93,940 in net profits from the alleged scheme.
     
    The Barbadian government official was identified by the DOJ as Donville Inniss, who allegedly received the bribes from ICBL and used his influence to direct the contracts to ICBL. Inniss allegedly hid the bribes by directing them to the account of a U.S.-based dental company owned by a friend.
  • Enforcement
  • On August 23, 2018, the DOJ issued a declination letter to ICBL, pursuant to which it agreed to disgorge $93,940.19 in profits from the scheme. The DOJ noted that high-level corporate officers were involved in the alleged scheme, but it decided to close its investigation based on ICBL’s timely voluntary self-disclosure, comprehensive investigation, cooperation, remedial efforts, and compliance program improvement. This represents the first declination with disgorgement after the formalization of the FCPA Pilot program in the DOJ Attorneys’ Manual.
     
    In a related matter, on March 15, 2018, charges were filed against Inniss in the Eastern District of New York for one count of conspiracy to launder money and two counts of money laundering. On August 23, 2018, two additional defendants were added to the matter, but their names have been redacted. The case is currently pending.
  • Amount of the Value
  • Approximately $36,000.
  • Amount of Business Related to Payment
  • Net profits of approximately $93,940.
  • Intermediary
  • Intermediary.
  • Citizenship of Parent Entity
  • United States
  • Total Sanction
  • $ 93,940
  • Compliance Monitor
  • No
  • Reporting Requirements
  • No
  • Case is Pending?
  • Yes
  • Total Combined Monetary Sanction
  • $ 93,940
  • Industries
  • Conglomerate/Diversified Holding Company
  • Regions
  • Latin Amer. & Carib
Defendants

Insurance Corporation of Barbados Ltd.

  • Citation
  • In re Insurance Corporation of Barbados Ltd., Letter to Adam B. Siegel from Sandra L. Moser, Acting Chief, Fraud Section, DOJ, and Richard P. Donoghue, U.S. Attorney, E.D.N.Y. (2018)
  • Date Filed
  • 08/23/2018
  • Filed Under Seal
  • No
  • FCPA Statutory Provision
  • Disposition
  • Public Declination with Disgorgement, Public Declination with Disgorgement
  • Defendant Jurisdictional Basis
  • Unknown
  • Defendant's Citizenship
  • United States
  • Individual Sanction
  • $93,940.19

Donville Inniss

  • Citation
  • United States v. Inniss et al., No. 1:18-cr-00134 (EDNY 2018).
  • Date Filed
  • 08/23/2018
  • Filed Under Seal
  • No
  • FCPA Statutory Provision
  • Other Statutory Provision
  • Conspiracy (Money Laundering); Money Laundering.
  • Disposition
  • Pending, Pending
  • Defendant Jurisdictional Basis
  • Domestic Concern
  • Defendant's Citizenship
  • Barbados
  • Individual Sanction
  • Pending. 
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