Showing posts with label Julius Berger. Show all posts
Showing posts with label Julius Berger. Show all posts

Saturday, May 31, 2014

Julius Berger To Pay $32 million In US Corruption Charges For Bribing Nigerian Officials.




By Saharareporters, New York
The US Justice Department and FBI said Tuesday the German-based international engineering company, Bilfinger SE, has agreed to pay a $32 million penalty for charges relating to violating the Foreign Corrupt Practices Act.

Bilfinger's Nigerian construction subsidiary, Julius Berger PLC was charged with bribing Nigerian government officials to obtain and retain contracts related to work for the Eastern Gas Gathering System (EGGS). A project valued at $387 million.

The agreement follows a three count criminal charge filed in the US District Court for the Southern District of Texas.

ST

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