We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Feds Tap Shell Oil In Investigation Of Import Bribes

Law360 (March 17, 2008, 12:00 AM EDT) -- The U.S. Department of Justice has contacted Shell Oil as part of its investigation of a shipping provider accused of bribery in locations worldwide, the company revealed in its annual report Monday.

Shell has started an internal investigation and is cooperating with the U.S. Department of Justice and the Securities and Exchange Commission investigations, the report said.

While these investigations are ongoing, Shell said it may face fines and additional costs for violations of the U.S. Foreign Corrupt Practices Act.

In July 2007, investigators probed Shell...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.