These companies, including Shell, admitted they “approved of or condoned the payment of bribes on their behalf in Nigeria and falsely recorded the bribe payments made on their behalf as legitimate business expenses in their corporate books, records and accounts”.
Royal Dutch Shell has been ordered to pay $48m (£29.4m) in civil and criminal fines over its contractor’s involvement in bribing Nigerian customs officials.
The US Department of Justice hit the London-listed oil super-major with the penalty, after Panalpina, which was employed by Shell, agreed to plead guilty to taking bribes on behalf of its clients.
Panalpina, a major Swiss freight and logistics company, must pay $82m in fines after admitting to paying bribes to customs officials in at least seven countries including Nigeria, Brazil and Russia between 2002 and 2007.
Four of Panalpina’s other clients in addition to Shell were also fined, including Transocean, Tidewater, Pride International and Noble Corp. read more
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