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FCPA Blog Daily News

« More Delay In Jefferson's Appeal | Main | Esquenazi and Rodriguez Convicted In Miami »
Monday
Aug082011

Who Paid FCPA-Related Fines Overseas?

Here's a list of fines paid overseas for bribery by companies that have settled FCPA enforcement actions.

There may be others but these are what a friend of the FCPA Blog has found so far.

Of the seventeen spots, Siemens occupies three and sits on top with a whopping $856 million fine paid in Germany.

Nigeria has most often followed FCPA enforcement actions. It appears seven times, the U.K. five times, Germany, Costa Rica, Italy, Norway, and the Holland once each.

The list points to a problem more global companies will face -- bribery prosecutions and penalties in multiple jurisdictions. We talked about the coming chaos in June.

 

Company

Country

Total Fines (US$)

Date Reported

1

Siemens

Germany

856,000,000

Dec-08

2

BAE

UK

49,000,000

Feb-10

3

Siemens

Nigeria

46,500,000

Nov-10

4

Halliburton

Nigeria

35,000,000

Dec-10

5

Eni SpA / Snamprogetti

Nigeria

32,500,000

Dec-10

6

Technip

Nigeria

30,000,000

Feb-11

7

JGC Corp

Nigeria

30,000,000

Feb-11

8

Innospec

UK

12,700,000

Mar-10

9

MW Kellogg /KBR

UK

11,400,000

Feb-11

10

Alcatel Lucent

Costa Rica

10,000,000

Jan-10

11

Aon Ltd

UK

8,500,000

Jan-09

12

Johnson & Johnson / DePuy

UK

7,850,000

April-11

13

Tidewater Inc

Nigeria

6,300,000

Mar-11

14

Statoil

Norway

3,000,000

Oct-04

15

Nobel Corp

Nigeria

2,500,000

Jan-11

16

Siemens

Italy

1,200,000

Apr-09

17

Azko Nobel

Holland

600,000

Dec-07

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