Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Och-Ziff Capital Management Group LLC
Current Parent CompanySculptor Capital Management
Parent at the Time of the Penalty Announcement subscribe to see this data field
Recap of Ownership Changes subscribe to see this data field
Penalty: $213,000,000
Year: 2016
Date: September 29, 2016
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Violation Description: A New York-based hedge fund manager, Och-Ziff Capital Management Group LLC, and its wholly-owned subsidiary, OZ Africa Management GP LLC, resolved criminal charges and agreed to pay a criminal penalty of more than $213 million in connection with a widespread scheme involving the bribery of officials in the Democratic Republic of Congo and Libya.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: investment management
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.