United States v. Anthony Stimler (S.D.N.Y. 2021)

• Case Name
• United States v. Anthony Stimler (S.D.N.Y. 2021)

• Date Filed
• 07/26/2021

• Enforcement Agency
• DOJ

• Foreign Official
• Unnamed government officials at NNPC, Nigeria’s state-owned oil company.

• Date of Conduct
• 2007 to 2018

• Nature of Business
• Anthony Stimler, a U.K. citizen, worked as a trader for a subsidiary of an unnamed Switzerland based commodities trading company.

• Influence to be Obtained
• According to the DOJ, between 2007 and 2018, Stimler paid millions of dollars in bribes to foreign officials at Nigeria’s state-owned and state-controlled oil company to award oil contracts. The bribes were allegedly also intended for Stimler’s commodities trading company to receive more lucrative grades of oil on more favorable delivery terms. Stimler allegedly used an unnamed intermediary company to pay officials at the Nigerian oil company, the Nigerian National Petroleum Corporation, on behalf of his employer.

• Enforcement
• On July 26, 2021, the DOJ charged Stimler with one count of conspiracy to violate the FCPA and one count of conspiracy to commit money laundering. The charges remain pending.

• Amount of the Value
• Not Stated.

• Amount of Business Related to Payment
• Not Stated.

• Intermediary
• Third-party Intermediary Company.

• Citizenship of Parent Entity
• United Kingdom

• Compliance Monitor
• No

• Reporting Requirements
• No

• Case is Pending?
• Yes

Anthony Stimler

• Citation
• United States v. Anthony Stimler, No. 21-cr-00471 (S.D.N.Y. 2021).

• Date Filed
• 07/26/2021

• Filed Under Seal
• No

• FCPA Statutory Provision
• • Conspiracy
  • Conspiracy: Anti-Bribery

• Other Statutory Provision
• Conspiracy (Money Laundering).

• Disposition
• Pending, Pending

• Defendant Jurisdictional Basis
• Territorial Jurisdiction

• Defendant's Citizenship
• United Kingdom

• Individual Sanction
• Pending.