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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