Reuters logo
BRIEF-Sbm Offshore Reaches Resolution With The U.S. Department Of Justice
November 30, 2017 / 6:38 AM / in 12 days

BRIEF-Sbm Offshore Reaches Resolution With The U.S. Department Of Justice

Nov 30 (Reuters) - SBM OFFSHORE NV:

* SBM OFFSHORE REACHES RESOLUTION WITH THE U.S. DEPARTMENT OF JUSTICE

* ‍AS PART OF OVERALL RESOLUTION, SBM OFFSHORE USA, INC. A U.S. SUBSIDIARY OF SBM OFFSHORE, PLEADED GUILTY TO A SINGLE COUNT OF CONSPIRACY TO COMMIT A VIOLATION OF U.S. FOREIGN CORRUPT PRACTICES ACT​

* ‍COMPANY AND SBM OFFSHORE USA, INC. AGREE TO PAY MONETARY PENALTIES IN TOTAL AMOUNT OF US$238 MILLION​

* ‍AGREEMENTS RELATE TO A CONSPIRACY TO VIOLATE U.S. FOREIGN CORRUPT PRACTICES ACT​

* ‍RESOLUTION REFERENCES BRAZIL, EQUATORIAL GUINEA, ANGOLA, IRAQ AND KAZAKHSTAN FROM 1996 UNTIL 2012​

* ‍CO AND SBM OFFSHORE USA AGREE TO PAY MONETARY PENALTIES IN TOTAL AMOUNT OF US$238 MILLION​

* ‍PAYMENT WILL BE DUE WITHIN TEN BUSINESS DAYS.​ Source text for Eikon: Further company coverage: (Gdynia Newsroom:)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below