Marubeni Agrees to Pay $54.6 M Penalty to Resolve FCPA Case

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Thursday, March 1, 2012
Author: 
Bruce Zagaris
Volume: 
28
Issue: 
3
Abstract: 

On January 17, 2012, Marubeni Corporation agreed to pay a $54.6 million criminal penalty to resolve charges related to the Foreign Corrupt Practices Act (FCPA) for its participation in a decade-long scheme to bribe Nigerian government officials in order to obtain engineering, procurement and construction contracts.[1]


                [1]               U.S. Department of Justice, Marubeni Corporation Resolves Foreign Corrupt Practices Act Investigation and Agrees to Pay a $54.6 Million Criminal Penalty, Press Release, Jan. 17, 2012.