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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: US Foreign Corrupt Practices Act

US Foreign Corrupt Practices Act stories: 2 news summaries

Halliburton Will Pay $559M
in Nigerian Bribery Fines

The settlement is the second-largest under the current law

Jan 27, 09 9:24 AM CST
(Newser) - Halliburton will shell out $559 million in fines—the largest federal penalty ever paid by a US company for bribery—to the Justice Department and the SEC to settle claims that its former KBR unit greased the palms of Nigerian officials to help get a gas liquefaction facility built, along... More »

MORE ABOUT:
Nigeria • bribery • Halliburton • Siemens • KBR • US Foreign Corrupt Practices Act • kickbacks

Bahrain Arm Accuses Alcoa of Corruption

US aluminum giant bribed, defrauded, and overcharged, lawsuit alleges

Feb 28, 08 10:47 AM CST
(Newser) - A company controlled by Bahrain's government has filed a lawsuit in US federal court accusing metals giant Alcoa of a host of shady business practices, the Wall Street Journal reports. Pittsburgh-based Alcoa, one of the world's biggest aluminum companies, systematically overcharged Bahrain Aluminum for raw materials and funneled money to... More »

MORE ABOUT:
Alcoa • Alcan • aluminum • bribery • bribe • corruption • lawsuit • corporate governance • Bahrain • Jersey • Aluminum Bahrain • Royal Bank of Canada • US Foreign Corrupt Practices Act • Kroll Associates • Victor Dahdaleh • AA Alumina & Chemicals • Alumet Asia PTE • Guernsey

2 Stories


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