Entries in Key Energy Services Inc. (6)
Houston-based Key Energy Services, Inc. agreed to disgorge $5 million to settle Foreign Corrupt Practices Act offenses caused by bribes from its Mexican subsidiary to an employee at state-owned Pemex.
During the second calendar quarter, there were four corporate FCPA enforcement actions and eight individual resolutions (seven related to Direct Access Partners). There were also three guilty pleas by individuals.
Key Energy Services Inc. said Thursday the Justice Department informed the company that it has closed its FCPA investigation and won't bring an enforcement action.
Key Energy Services Inc. said it is investigating allegation of possible bribery involving its Mexico operations.
Key Energy Services, Inc. disclosed in a securities filing Tuesday that the SEC is investigating potential FCPA violations by the company in Russia.