Difference between revisions of "Foreign bribery and FCPA violations"

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|[https://www.justice.gov/opa/pr/teva-pharmaceutical-industries-ltd-agrees-pay-more-283-million-resolve-foreign-corrupt $519 Million]
|[https://www.justice.gov/opa/pr/teva-pharmaceutical-industries-ltd-agrees-pay-more-283-million-resolve-foreign-corrupt $519 Million]
|Teva Pharmaceutical Industries Ltd. (Teva) violated the FCPA by bribing government officials in Russia, Ukraine, and Mexico. In Russia, bribes were paid to influence the increase in sales of Teva’s multiple sclerosis drug Copaxone by the Russian Ministry of Health. In the Ukraine, bribes were paid to influence the government’s approval of Teva drug registrations. In Mexico, bribes were paid to doctors employed by the Mexican government to prescribe Copaxone to patients.
|Teva Pharmaceutical Industries Ltd. (Teva) violated the FCPA by bribing government officials in Russia, Ukraine, and Mexico. In Russia, bribes were paid to influence the increase in sales of Teva’s multiple sclerosis drug Copaxone by the Russian Ministry of Health. In the Ukraine, bribes were paid to influence the government’s approval of Teva drug registrations. In Mexico, bribes were paid to doctors employed by the Mexican government to prescribe Copaxone to patients.
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|Keppel Offshore & Marine Ltd (KOM)
|[https://www.justice.gov/opa/pr/keppel-offshore-marine-ltd-and-us-based-subsidiary-agree-pay-422-million-global-penalties $422 million]
|On December 22, 2017, Keppel Offshore & Marine Ltd. (KOM) and its U.S. subsidiary agreed to pay approximately $422 million to resolve charges that it violated the FCPA by paying millions to public officials in Brazil to win contracts with the Brazilian state-owned oil company Petrobras.  According to the [https://dlbjbjzgnk95t.cloudfront.net/0997000/997760/kom_information_-_0.pdf information] filed in the Eastern District of New York, the bribery scheme yielded $350 million in profits. KOM used agreements with consulting companies to facilitate the bribe payments to obtain business from Petrobras and conceal the bribes.  KOM is paying approximately to U.S. regulators and the remaining amount to enforcement authorities in Singapore and Brazil.
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|Och-Ziff Capital Management Group, LLC
|Och-Ziff Capital Management Group, LLC
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|[https://www.justice.gov/opa/pr/snamprogetti-netherlands-bv-resolves-foreign-corrupt-practices-act-investigation-and-agrees $365 Million]
|[https://www.justice.gov/opa/pr/snamprogetti-netherlands-bv-resolves-foreign-corrupt-practices-act-investigation-and-agrees $365 Million]
|Snamprogetti and ENI violated the FCPA’s anti-bribery provisions when they engaged in a decade-long bribery scheme with companies KBR, Technip, and JGC of Japan to bribe Nigerian officials in exchange for EPC contracts by Nigeria LNG Ltd. The four company joint venture was called TSKJ and won contracts to build liquefied natural gas (LNG) facilities on Bonny Island worth more than $6 billion. TSKJ hired two agents to pay the bribes to Nigerian government officials through various sources on behalf of their joint-venture.
|Snamprogetti and ENI violated the FCPA’s anti-bribery provisions when they engaged in a decade-long bribery scheme with companies KBR, Technip, and JGC of Japan to bribe Nigerian officials in exchange for EPC contracts by Nigeria LNG Ltd. The four company joint venture was called TSKJ and won contracts to build liquefied natural gas (LNG) facilities on Bonny Island worth more than $6 billion. TSKJ hired two agents to pay the bribes to Nigerian government officials through various sources on behalf of their joint-venture.
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|Novartis
|$346 million
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|Technip
|Technip