In 2014 the Marubeni Corporation, a Japanese trading company involved in the handling of products and the provision of services in a broad range of sectors around the world, including power generation, was sentenced for its participation in a scheme to pay bribes to high-ranking government officials in Indonesia to secure a lucrative power project. The corporation pleaded guilty to one count of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) and seven counts of violating the FCPA.
The Company was charged for paying bribes to high-ranking government officials in Indonesia to secure a lucrative power project.
The company signed a plea agreement in which it admitted its criminal conduct, agreed to maintain and implement an enhanced global anti-corruption compliance program and to cooperate with the department’s ongoing investigation. They also agreed to pay an $88 million fine.