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German company to pay fine in FCPA bribery case

Bilfinger SE will pay $32 million to resolve charges of bribing Nigerian officials

The Foreign Corrupt Practices Act (FCPA) has been in place for over three decades, but in the last few years, fines for FCPA infractions have increased as the United States has become more vigilant in attacking corruption and bribery on a global scale. 

The latest company to be hit with a fine for corruption is the German engineering firm Bilfinger SE. The U.S. Department of Justice (DOJ) charged the company with FCPA violation stemming from bribes the firm paid to government officials in Nigeria. These resulted in contracts that gave Bilfinger a juicy slice of a $387 million gas project. 

Senior Editor and Community Manager

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Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

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