Japanese trading company pays second FCPA penalty in three years

Marubeni agreed to pay an $88 million fine and plead guilty to bribing Indonesian officials

A number of companies have fallen into the U.S. Department of Justice’s (DOJ) clutches in early 2014 for potential Foreign Corrupt Practices Act (FCPA) violations. However, not many of them have taken the path of Japanese trading company Marubeni Corp. — getting charged with bribery twice in three years.

On March 20, Marubeni agreed to pay an $88 million fine and plead guilty to foreign bribery charges handed down by the DOJ. The department said that it was Marubeni’s second payout in three years.

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Zach Warren

Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers InsideCounsel's enewsletters. Zach specializes in new media and multimedia...

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