Farming giant CHS discloses FCPA investigation into Mexico border bribes
CHS Inc. disclosed in an SEC filing Monday that it self-reported possible FCPA violations related to Mexican customs payments.
The Minnesota-based agriculture company said in a 10-K that it voluntarily disclosed the potential violations to the DOJ and SEC.
The investigation is related to reimbursements the company paid to Mexican customs agents.
The reimbursements were for payments the agents made to Mexican customs officials in 2014 and 2015.
CHS says it is fully cooperating with the investigation.
Here’s the text of the disclosure from CHS’s 10-K filing courtesy of FCPA Tracker:
– The FCPA Blog