Article: British construction company to pay [pounds sterling]6.55m in connection with overseas bribery offenses, as the SFO asks UK corporates to self-report corruption issues.

Originally published September 25, 2009

Keywords: Overseas bribery offenses, SFO, corruption, Mabey & Johnson Ltd, illicit payments, criminal charges, Foreign Corrupt Practices Act, FCPA

Mabey & Johnson Ltd, a British company which manufactures bridge equipment, pleaded guilty at Southwark Crown Court to a series of corruption offenses committed overseas and is to pay a total of [pounds sterling]6.55m in connection with these offenses. On Friday September 25, 2009 the company was ordered by the court to pay [pounds sterling]4.6m in fines and disgorgement of profits. In addition, the company has undertaken to pay reparations to the affected countries. It ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!