SEC Opens FCPA Probe Of Kraft Facility In India

Law360, New York (February 28, 2011, 7:05 PM EST) -- Kraft Foods Inc. said in a regulatory filing Monday that it is being investigated by the U.S. Securities and Exchange Commission for possible violations of the Foreign Corrupt Practices Act at a facility in India.

Kraft, which acquired the facility as part of its purchase of Cadbury PLC, said it received a subpoena from the SEC on Feb. 1.

The agency told Kraft it was investigating possible bribery violations, and requested information on dealings with Indian governmental agencies and officials that had granted approvals for the...
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