🕵Legg Mason Inc. Agrees to Pay $64 Million in Criminal Penalties and Disgorgement to Resolve FCPA Charges Related to Bribery of Gaddafi-Era Libyan Officials
Legg Mason Inc. (Legg Mason), a Maryland-based investment management firm, has entered into a non-prosecution agreement with the Department of Justice and agreed to pay $64.2 million to resolve the Department’s investigation into violations of the Foreign Corrupt Practices Act (FCPA) in connection with Legg Mason’s participation, through a subsidiary, in a Libyan bribery scheme.
OPA | Department of Justice
Legg Mason resolves Libya-related FCPA charges for $64 million – FCPA Blog
SocGen pays $585 million to resolve Libya FCPA offenses
In the first coordinated enforcement action by the DOJ and French authorities in an overseas corruption case, a Paris-based bank agreed Monday to settle charges that it paid over $90 million in bribes to officials in Libya during the Qaddafi regime.
The FCPA Blog
http://www.fcpablog.com/blog/2018/6/4/socgen-pays-585-million-to-resolve-libya-fcpa-offenses.html
SocGen To Pay $1.3B Over FCPA, Libor-Rigging Charges