July 2, 2018

Distilled spirits company Beam Suntory, Inc. agreed to pay more than $8 million to resolve charges that its Indian subsidiary made improper payments in violation of the FCPA.  Beam was alleged to have used third parties to make unlawful payments to government employees to induce them to process license and label registrations and purchase Beam’s products.  The third parties submitted false and inflated invoices to Beam, which paid them through its Indian subsidiary.  SEC

Tagged in: FCPA,