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James Tillen Quoted in American Shipper Regarding FCPA Compliance

Subtitle
“Giving ‘Grease’ the Elbow”

American Shipper

James Tillen discusses the FCPA risks logistics companies like Panalpina face, in light of the company’s recent FCPA disclosures. “They are dealing with customs agents, customs officials throughout the world, and in our experience, customs is an area where there is endemic corruption. Not on the scale you’ll get in, say, connection with bidding on large government contracts like an oil concession where there is huge money at stake. But there are all these small payments and they can add up,” says Tillen.