Archive

May 15, 2014

Marubeni Corporation, a Japanese trading company involved in products and services in a broad range of sectors around the world, including power generation, was sentenced today for violating the Foreign Corrupt Practices Act (FCPA) by paying bribes to high-ranking government officials in Indonesia to secure a lucrative power project. The company signed a plea agreement admitting its criminal conduct and agreeing to pay an $88M fine. DOJ

April 9, 2014

Hewlett-Packard Russia agreed to plead guilty to felony violations of the Foreign Corrupt Practices Act for bribing Russian government officials to secure a large technology contract with the Office of the Prosecutor General of the Russian Federation. In addition, the US entered into criminal resolutions with HP subsidiaries in Poland and Mexico relating to FCPA violations for contracts with Poland’s national police agency and Mexico’s state-owned petroleum company. In total, the three HP entities will pay more than $108M in criminal and regulatory penalties. DOJ

March 19, 2014

Marubeni Corp., a Japanese trading company involved in power generation, pled guilty to violating the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) and agreed to pay a criminal fine of $88M for its participation in a scheme to bribe high-ranking government officials in Indonesia to secure a lucrative power project. DOJ