Allianz SE to pay $12.4 mln to resolve U.S. SEC bribery charges
WASHINGTON Dec 17 (Reuters) - German insurer Allianz SE has agreed to pay $12.4 million to resolve charges it violated a U.S. foreign bribery law, the U.S. Securities and Exchange Commission said on Monday.
The SEC said Allianz violated the Foreign Corrupt Practices Act with improper records of payments to government officials in Indonesia during a seven-year period.
Allianz neither admitted nor denied the findings, the SEC said.
- Ukraine president accuses Russian soldiers of backing rebel thrust |
- Video shows Islamic State executes scores of Syrian soldiers |
- In town halls, U.S. lawmakers hear voter anger over illegal migrants |
- Comedian Joan Rivers, 81, rushed to New York hospital
- Comedian Joan Rivers 'resting comfortably' at hospital |