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Clear Channel Outdoor settles China bribery charges -SEC

Clear Channel Outdoor settles China bribery charges -SEC
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Clear Channel Outdoor settles China bribery charges -SEC

WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission said on Thursday that advertising company Clear Channel Outdoor Holdings agreed to pay more than $26 million to resolve charges it bribed Chinese government officials to obtain outdoor ad contracts in violation of U.S. law. The SEC complaint alleged the company violated the U.S. Foreign Corrupt Practices Act through the actions of its agent, Clear Media Limited, which at the time was a Clear Channel majority-owned subsidiary in China. The SEC said from at least 2012 through 2017, Clear Media bribed Chinese government officials to obtain contracts required to sell advertising services to public and private sector clients for display on public bus shelters and other outdoor displays. ....

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Clear Channel Outdoor Bribed Chinese Officials, SEC Claims in Settlement

Clear Channel Outdoor Bribed Chinese Officials, SEC Claims in Settlement
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3M employees bribed Chinese government officials, SEC says

From 2014 to 2017, 3M spent nearly $1 million on overseas shopping and sightseeing trips for Chinese health care officials that were masked as educational events, according to the U.S. Securities and Exchange Commission ....

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3M employees bribed Chinese government officials, SEC says

From 2014 to 2017, 3M spent nearly $1 million on overseas shopping and sightseeing trips for Chinese health care officials that were masked as educational events, according to the U.S. Securities and Exchange Commission ....

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