German Co. To Pay $32M In Nigeria Pipeline Bribery Plot

Law360, New York (December 9, 2013, 6:26 PM EST) -- A German engineering firm will pay $32 million to resolve allegations it breached the Foreign Corrupt Practices Act by bribing Nigerian government officials in an effort to score a $387 million natural gas pipeline contract, federal officials announced Monday.

The Federal Bureau of Investigation says Mannheim, Germany-based Bilfinger SE will pay the penalty and institute a system of “rigorous internal controls” to resolve a three-count Texas criminal information. The government has accused Bilfinger of conspiring with a subsidiary of Houston-based Willbros Group Inc. and others to...
To view the full article, register now.