He added, “This resolution marks a major milestone in our efforts to fight foreign corruption involving U.S. businesses.”
The U.S. Securities and Exchange Commission (SEC) is part of the $2.9 billion resolution.
According to the
In a separate statement, the Commission’s Chief of Enforcement Division FCPA Unit commented, “Corruption risks can be posed by those at all levels of a company, including in the senior ranks. This case demonstrates how important it is for companies to have controls that are tailored to the risks presented by persons employed at all levels.”
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