John Wood Group Unit Agrees To Settle Brazilian Bribery Charges
LONDON (dpa-AFX) - Amec Foster Wheeler Energy Limited, a subsidiary of a United Kingdom-based global engineering company John Wood Group plc (WDGJF.PK, WG.L ), has agreed to pay $18.38 million to resolve criminal charges stemming from a scheme to pay bribes to officials in Brazil in exchange for an about $190 million contract to design a gas-to-chemicals complex, the U.S. Justice Department said in a statement.
According to court documents, Amec Foster Wheeler reached a three-year deferred prosecution agreement (DPA) with the U.S. Justice Department, Criminal Division, Fraud Section and the U.S. Attorney s Office for the Eastern District of New York in connection with the filing of an information charging the Company with conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act.
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