- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Singapore-based Keppel Offshore & Marine and its wholly owned U.S. subsidiary will pay a combined $422 million criminal penalty to resolve charges with authorities in the United States, Brazil, and Singapore arising from a decade-long to pay millions of dollars in bribes to officials in Brazil.
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TechnipFMC and its wholly owned U.S. subsidiary Technip USA will pay a combined $301.3 million settlement to resolve foreign bribery charges with authorities in the United States and Brazil.
Any company under a criminal investigation by the U.S. government looking to avoid the appointment of a compliance monitor will want to take a page from Brazilian state-owned energy company Petrobras. Gibson Dunn partner Joe Warin, who represented Petrobras, offers some tips inside.
McKinsey & Co. will pay $650 million in penalties to the U.S. Department of Justice (DOJ) to settle charges that it advised Purdue Pharma on how to “turbocharge” the sale of Oxycontin in the middle of the U.S. opioid crisis.
