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Violation Tracker Individual Record

Company: Samsung Heavy Industries Company Limited
Current Parent CompanySamsung Heavy Industries
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $37,740,800
Year: 2019
Date: November 22, 2019
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Mega-ScandalForeign Bribery
Violation Description: Samsung Heavy Industries Company Limited agreed to pay total penalties of more than $75 million -- half to the U.S. government and half to Brazilian authorities -- to resolve an investigation into violations of the Foreign Corrupt Practices Act arising out of a scheme to pay millions of dollars in bribes to officials in Brazil.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Eastern District of Virginia
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: heavy equipment
Specific Industry of Current Parent: shipbuilding
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.