Articles > Newspapers > U.S. Newspapers, Special Interest > U.S. Newswire articles > November 2008

Article: Aibel Group Ltd. Pleads Guilty to Foreign Bribery and Agrees to Pay $4.2 Million in Criminal Fines

Article from:
U.S. Newswire
Article date:
November 21, 2008
Copyright

To: NATIONAL EDITORS

Contact: U.S. Department of Justice Office of Public Affairs, +1- 202-514-2007, TDD +1-202-514-1888

WASHINGTON, Nov. 21 /PRNewswire-USNewswire/ -- Aibel Group Ltd. (Aibel Group), a United Kingdom corporation, today pleaded guilty to violating the antibribery provisions of the Foreign Corrupt Practices Act (FCPA), Acting Assistant Attorney General Matthew Friedrich of the Criminal Division announced.

At a hearing before U.S. District Judge Lynn N. Hughes in the Southern District of Texas, Aibel Group pleaded guilty to a two- count superseding information charging a conspiracy to violate the FCPA and a violation of the FCPA. At the same time, Aibel Group admitted that it ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Aibel Group Ltd. Pleads Guilty to Foreign Bribery ...
Energy Weekly News;  December 12, 2008 ;     700+ words ... ... affiliated with Aibel Group have pleaded guilty ... July 6, 2004, Vetco Gray UK Ltd., previously ... agreement with which Aibel Group admitted today ... February 2007 plea, Vetco Gray Controls Inc ... were sold. The Vetco Gray entities have been ... investigation ...

Article: ABB Vetco Gray Canada.
Alberta Report;  March 18, 2002 ;     700+ words ...ABB VETCO GRAY CANADA HAS HIGH STANDARDS How does a ... its employees and you will see why ABB Vetco Gray Canada has the stellar reputation it ... of the game ... especially for ABB Vetco Gray Canada. "The oil and gas industry is ...

Article: Investment group led by Bain Venture Capital acquires majority ...
PR Newswire;  June 28, 1988 ;     700+ words ... ... CAPITAL ACQUIRES MAJORITY OWNERSHIP OF VETCO GRAY HOUSTON, June 28 /PRNewswire/ -- Majority ownership of Vetco Gray Inc., a Houston-based supplier ... James M. Tidwell, president of Vetco Gray, said, "We are very pleased to be ...

Article: Vetco Gray Automates Invoicing with Stone Bond's ...
Business Wire;  October 5, 2004 ;     700+ words ...HOUSTON -- Vetco Gray Inc. recently implemented an XML ... standard, which was mandated by one of Vetco Gray's major customers, a multinational ... EE-B2B interfaces directly with Vetco Gray's business systems, accessing the ...

Article: Vetco Gray Inc. to discontinue operations at its ...
PR Newswire;  November 18, 1986 ;     622 words ... ... HOUSTON, Nov. 18 /PRNewswire/ -- Vetco Gray Inc., a subsidiary of Hughes Tool Company ... president-Western Hemisphere operations for Vetco Gray, announced this move today as part of ... provide complete field service coverage for Vetco Gray customers on the West Coast. Vetco ...

Article: Vetco Gray sale second in less than three years
Press and Journal, The Aberdeen (UK);  February 19, 2007 ;     453 words ... ... sold international oil services firm Vetco Gray, which has more than 1,100 employees in the north-east. Houston-based Vetco Gray employs 5,000 people in 30-plus countries ... Montrose. Peter Goode, chief executive of Vetco Gray's parent, Vetco International, said ...

Article: GE snaps up E & P service company Vetco Gray; ...
Natural Gas Week;  January 15, 2007 ;     700+ words ... ... billion for oil and gas services firm Vetco Gray, a move that continues the diversified ... week's purchase of Houston-based Vetco Gray gives GE a presence in the energy services part of the industry. Vetco Gray's specialty lies in the subsea ...

Article: Hughes Tool Co. completes acquisition of Combustion Engineering ...
PR Newswire;  November 3, 1986 ;     684 words ... ... completed the acquisition of C-E's Vetco Gray operations in a transaction valued at ... equity position in a new company known as Vetco Gray, Inc., which is made up of the former Hughes Offshore division and C-E's Vetco Gray operations; $110 million in cash borrowed ...

 
 
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!

Find articles, research, and archives