Innospec charged by U.S. for bribery, conspiracy

WASHINGTON, March 18 Thu Mar 18, 2010 11:47am EDT

WASHINGTON, March 18 (Reuters) - U.S. specialty chemical company Innospec Inc (IOSP.O) was charged on Thursday with violating U.S. foreign bribery laws, conspiracy and wire fraud, according to a criminal information document filed in federal court.

The charges accused the company of conspiring to win business with the government of Iraq "through the payment and promise of payment of kickbacks and bribes to the Iraqi government and its officials," the document said.

The criminal information filing is typically used in plea agreements. The company has said that it anticipated settling foreign bribery charges with the United States and British officials. (Reporting by Jeremy Pelofsky, editing by Lisa Von Ahn)

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