Shell Nigeria bribe 48 m fine $
Shell and five other companies must pay $ 236 million in criminal and civil penalties. Photo: GETTY IMAGES
The Department of justice struck oil listed in London super-major with sentencing after Panalpina, who was employed by Shell, agreed to plead guilty to taking bribes on behalf of its clients.
Panalpina, a major company transport and logistics Switzerland, must pay 82 million of dollars in fines after admission of bribes to officials of customs at least seven countries including Nigeria, the Brazil Russia between 2002 and 2007.
Four other than Shell Panalpina customers were also fined, Transocean, Tidewater, Pride International and Noble Corporation.
"These companies employ lucrative arrangements behind the scenes to get fake paperwork and special favours, and they landed themselves squarely in cross investigators, said Robert Khuzami, Director of the application of law to the US Securities and Exchange Commission."
In total, six companies must pay $ 236 million in criminal and civil penalties.
These companies including shell, has admitted that they "approve or tolerated the payment of bribes in their name in Nigeria and falsely registered bribe paid on their behalf as legitimate business expenses in their societies books, records and accounts.
A Shell spokesman said: "Shell fully cooperated with the Department of justice and the SEC to this survey."
"" Shell has improved its compliance program and staff internes.Trouvé controls were in violation of the policy have been either disciplined is removed from Shell ".".
Regulation brings long-term Panalpina investigation and its customers to an end.
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