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Violation Tracker Individual Record

Company: Parker Drilling Company
Current Parent CompanyParker Drilling
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $11,760,000
Year: 2013
Date: April 16, 2013
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: Parker Drilling Company agreed to pay an $11.76 million penalty to resolve charges related to the Foreign Corrupt Practices Act for authorizing payment to an intermediary, knowing that the payment would be used to corruptly influence the decisions of a Nigerian government panel reviewing Parker Drilling?s adherence to Nigerian customs and tax laws.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: oil and gas
Specific Industry of Current Parent: oil and gas
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.