Entries in Customs (22)
Ralph Lauren Corporation will pay $1.6 million in combined penalties to the DOJ and SEC in exchange for unprecedented dual non-prosecution agreements after admitting its Argentina subsidiary paid bribes to government and customs officials.
Houston-based Parker Drilling Company resolved Foreign Corrupt Practices Act charges Tuesday for bribes paid to Nigerian officials through an agent to circumvent customs and tax laws.
Oil services firm Nabors Industries Ltd. said Wednesday the DOJ won't bring an FCPA enforcement action after an investigation first launched more than five years ago.
Oil field services giant Halliburton said this week its internal investigations into potential FCPA and conflict violations in Angola and Iraq are continuing, and the company is reporting all results to the DOJ and SEC.
The DOJ agreed last week to end Pride International's deferred prosecution agreement a year early to reward the company for its enhanced compliance efforts.
Oil services firm Nabors Industries Ltd. was a customer of Panalpina but not among the six that settled FCPA cases on the same historic day in November 2010.
Oil and gas services giant Halliburton said it has opened a new investigation into payments by operations in Angola and Iraq.
Houston-based Schlumberger still faces a DOJ investigation for bribes paid to customs officials by global logistics firm Panalpina.
Three executives from oil services firm Noble Corporation were charged today by the Securities and Exchange Commission with bribing officials in Nigeria in exchange for illegal import permits for drilling rigs.