Monday, April 21, 2014   

Germany’s Bilfinger pays US$32m to settle Nigeria graft charges
(12-10 11:39)

A German engineering company has agreed to pay a US$32 million fine as part of an agreement to settle charges it worked with a Texas company to bribe Nigerian officials in order to win a US$387 million pipeline contract.
A US Justice Department statement says Bilfinger SE conspired with Houston-based Willbros Group Inc. and others from late 2003 to 2005 to make more than US$6 million in bribes to Nigerian officials.
Bilfinger was charged with violating the Foreign Corrupt Practices Act.
In court documents filed Monday in Houston federal court, the Mannheim, Germany-based company entered into a deferred prosecution agreement. If the company meets certain conditions within three years, the charges will be dropped.
In May 2008, Willbros agreed to pay more than US$22 million in fines.—AP

   
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