Violation Tracker Individual Record

Company: 
Chevron Corporation
Current Parent Company: 
Chevron
Penalty: 
$30,000,000
Year: 
2007
Date: 
November 14, 2007
Primary Offense: 
Foreign Corrupt Practices Act
Violation Description: 

Chevron Corporation agreed to pay $30 million to settle Foreign Corrupt Practices Act allegations relating to its role in illegal kickback payments that were made to Iraq in 2001 and 2002 in connection with the company's purchases of crude oil under the U.N. Oil for Food Program.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
California
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
oil and gas
Specific Industry of Parent: 
oil & gas
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.