Monday, December 22, 2014

Alstom to pay record $772 million to settle bribery charges with U.S.

The logo of Alstom is pictured during an inaugural visit of the Alstom offshore wind turbine plants in Montoir-de-Bretagne By Sarah N. Lynch WASHINGTON (Reuters) - The French firm Alstom SA has pleaded guilty and will pay $772 million in criminal penalties to settle charges with the U.S. Justice Department alleging the company bribed government officials to win business in Indonesia, India and China. The settlement announced by the Justice Department on Monday marks the largest-ever criminal fine levied by the United States against a company for violations of foreign bribery laws. ...








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