German truck and diesel engine maker MAN AG has said a five-year old bribery scandal has now cost the company €250 million ($344 million) in fines and penalties and investigation costs.
Entries in Ferrostaal (3)
In the past two weeks, Greek prosecutors have brought corruption charges against several current and former government officials and business leaders. These cases stem from bribery and money laundering committed during the financial crisis that began in 2008.
Miller and Chevalier's FCPA Winter Review 2012 noted a couple of significant enforcement actions in Europe in late 2011.