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Maryland Co. To Pay $2M Penalty For Bribing Russian

Law360 (March 13, 2018, 10:18 PM EDT) -- Maryland-based Transport Logistics International Inc. has agreed to pay a $2 million criminal penalty to resolve charges it bribed an official at a subsidiary of Russia’s State Atomic Energy Corp. to win contracts to ship uranium to the U.S., according to a Department of Justice announcement Tuesday.

The government reported TLI conducted more than 35 transfers to shell companies and offshore accounts in Latvia and Switzerland, ranging in value from as little as $3,100 to as much as $142,200 and totaling more than $1.7 million, in...
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