Alstom UK Unit Ordered To Pay £16.4M For African Bribes
Law360, London (November 25, 2019, 1:03 PM GMT) -- A judge ordered the British subsidiary of Alstom SA to pay £16.4 million ($21 million) on Monday after it was convicted of bribing officials to secure a lucrative infrastructure contract in Africa, closing the Serious Fraud Office's long-running probe into the French rail and energy giant's worldwide business dealings.
A judge at Southwark Crown Court has fined the British subsidiary of Alstom SA £15 million ($19.3 million) and ordered it to pay £1.4 million in legal costs. (AP) Sentencing Alstom Network UK Ltd. at Southwark Crown Court, Judge Jeffrey Pegden QC fined the company £15 million and ordered it to pay £1.4 million...
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