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Delhi elections: Congress launches Pyari Didi scheme promising Rs. 2,500 per month to women residents | Chhattisgarh journalist murder: Victim's heart was ripped out, had 15 fractures to head, a broken neck; accused arrested | India's health ministry confirms two HMPV cases in Karnataka | Canadian PM Justin Trudeau may step down as Liberal Party leader this week: Reports | Bharatiya Janata Party releases first list of candidates for Delhi Assembly polls, fields Parvesh Sahib Singh Verma against Kejriwal | Firecracker unit explosion in Tamil Nadu's Virudhunagar kills 6 | Body of independent journalist, who went missing on Jan 1, found in a septic tank in Chhattisgarh | Delhi: 14-year-old student stabbed to death outside school after brawl with classmate | Rohit Sharma confirms he is not retiring amid speculations after skipping Sydney Test | India objects to China's 'new counties' announcement, says parts of these come under Ladakh
Samsung Heavy Industries Company Ltd agrees to pay $75 million in global penalties to resolve foreign bribery case

Samsung Heavy Industries Company Ltd agrees to pay $75 million in global penalties to resolve foreign bribery case

Nov 23, 2019, at 07:24 am

Washington/IBNS: Samsung Heavy Industries Company Limited (Samsung Heavy Industries), a South Korea-based engineering company that provides shipbuilding, offshore platform construction, and other construction and engineering services, has agreed to pay total penalties of more than $75 million to resolve the government’s investigation into violations of the Foreign Corrupt Practices Act (FCPA) arising out of a scheme to pay millions of dollars in bribes to officials in Brazil.