Importance of Cooperation Credit in FCPA Settlements
GovCon & Trade
JANUARY 12, 2024
-based reinsurance brokers settled charges for more than $47 million in penalties and disgorgement; a third entity paid no fines and was only subject to disgorgement. According to the DOJ, all three entities had bribed Ecuadorian government officials to win contracts. The company that disclosed its violations was the one that paid no fines.
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