Tuesday, January 24, 2012

Houston Based, Kellogg, Brown And Root Involved In International LNG Bribery Prosecution And $54 Million In Fines

Monday, January 23, 2012Last Update: 9:53 AM PT
Courthouse News.Com
U.S. Nets $54 Million Fine for Overseas Bribery

HOUSTON (CN) - Japanese conglomerate Marubeni Corp. will pay $54.6 million to resolve federal charges that it bribed Nigerian government officials for a decade to get engineering, procurement and construction contracts. In a deferred-prosecution agreement and criminal information, prosecutors accused Marubeni of conspiracy and aiding and abetting violations of the Foreign Corrupt Practices Act.

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