Tagged: Samsung Heavy Industries FCPA

Samsung Agrees to Pay $75 Million to Resolve FCPA Violations (Part I of II)

Samsung Agrees to Pay $75 Million to Resolve FCPA Violations (Part I of II)

Samsung Heavy Industries agreed with the Justice Department to pay $75 million to settle FCPA charges. Under a three-year deferred prosecution agreement (DPA), Samsung agreed to filing of a criminal information in the Eastern District of Virginia charging the company with FCPA conspiracy. DPA Copy Here. Over a six-year period, Samsung carried out a bribery scheme to pay millions of dollars to Petrobas in Brazil...