SBM Offshore settles bribery cases

The Dutch offshore giant has reached a settlement with Dutch and USD prosecutors in cases related to the alleged payment of bribes and will pay USD 240 million, says the company.

SBM Offshore has now definitively shelved the cases related to corruption and bribes in several countries. The Dutch offshore giant has issued a statement saying that the company has settled with both the Dutch and US prosecutors in the case, which occurred from 2007 to 2011.

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