Midweek Roundup: White House Eyes FCPA Overhaul, Consultants, Attorneys Helped Launder Billions of Dollars Plundered from Angola, and More

A senior administration official said the White House is considering overhauling the Foreign Corrupt Practices Act, CNBC reported. More Isabel dos Santos, daughter of Angola's former President Jose Eduardo dos Santos, became Africa's richest woman as a result of insider deals, advantageous loans and public contracts that her father often arranged by decree, according to private records reviewed by the International Consortium of Investigative Journalists and other news outlets. More Global auditors PwC, KPMG, Boston Consulting Group, and several legal and accountancy firms helped Dos Santos and her husband create more than 400 legal entities in 41 countries, including offshore...