James Giffen

Source: Wikipedia, the free encyclopedia.

James Henry Giffen (March 22, 1941 – October 29, 2022) was an American businessman and an authority on American-Soviet trade.[1] He was the founder and chairman of Mercator Corporation.[2] Giffen was the prime suspect accused in the $80 million Kazakhgate bribery scandal, which was at one time the largest U.S. investigations ever into an overseas bribery case; but which went nowhere.[3][4]

Background

Giffen was born in

Archer Daniels Midland) to negotiate entry into the Soviet market with representatives of Soviet President Mikhail Gorbachev.[6]

Kazakhgate trial

In the Kazakhgate trial, Giffen asserted that he was acting with the approval of the Central Intelligence Agency, which refused to release secret papers relating to these activities.[7] His defense said Giffen had merely been following orders from the Kazakh government, which as a foreign state had the right to define legality according to its own views, and serving the interests of the United States.[8]

Giffen eventually pleaded guilty to a tax misdemeanor and paid $25; the other charges, which could have carried a penalty of several decades in prison, were dropped.

William Pauley, who said he had been able to refer to classified documents that had not been made public in the trial, ordered neither prison time nor a fine for Giffen.[8]

Personal life and death

Giffen died in Manhattan on October 29, 2022, at the age of 81.[9]

Fictional Portrayal

The character Danny Dalton from 2005 film Syriana, played by Tim Blake Nelson, was loosely based on James Giffen.[7]

Publications

Books

  • The Legal and Practical Aspects of Trade with the Soviet Union. New York:
    Walter F. Mondale
    .

Articles

Notes

  1. New York Times. Archived from the original.
  2. ^
    OCLC 427557496
    .
  3. ^ Macalister, Terry (May 7, 2003). "Swiss Join Oil Bribery Inquiry." The Guardian.
  4. ^ Cassin, Richard L. (Nov. 22, 2010). "No Punishment for 'Hero' Giffen." The FCPA Blog.
  5. New York Times. Archived from the original.
  6. CNN Money. Archived from the original.
  7. ^ a b c Winnett, Robert (Aug. 13, 2010). "George Clooney Film Inspiration 'Mr. Kazakhstan' Finally Brought to Justice." The Telegraph. Archived from the original.
  8. ^
    Foreign Policy. Archived from the original.
  9. ^ Clay Risen (November 4, 2022). "James Giffen, Who Was Embroiled in 'Kazakhgate,' Dies at 81". The New York Times. Retrieved November 4, 2022.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=James_Giffen&oldid=1190843438"