JGC To Pay $219M Fine In Nigeria Bribe Case

Law360, New York (April 6, 2011, 4:21 PM EDT) -- Tokyo-based engineering company JGC Corp. on Wednesday agreed to pay a $218.8 million fine to resolve charges in Texas that it bribed Nigerian officials for contracts to build liquefied natural gas facilities.

Under the terms of the deferred prosecution agreement filed in the U.S. District Court for the Southern District of Texas, the U.S. Department of Justice said it would hold off on prosecution for two years, during which time JGC must retain an independent consultant to review its compliance program and must cooperate with prosecutors...
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