Court Accepts Griffiths Energy International Inc's Bribery Settlement-Reuters
Reuters reported that Griffiths Energy International Inc admitted to bribing the wife of a Chadian diplomat will pay a CAD10.35 million ($10.26 million) fine after a Canadian court accepted a settlement between the Company and prosecutors. The Company told a judgethat its own investigation revealed the crime that took place under previous management in 2009 and that it turned its findings over to the Royal Canadian Mounted Police. Griffiths pleaded guilty under Canada's Corruption of Foreign Public Officials Act.
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