Violation Tracker Individual Record

Company: 
Transocean Inc.
Current Parent Company: 
Transocean
Penalty: 
$13,440,000
Year: 
2010
Date: 
November 4, 2010
Primary Offense: 
Foreign Corrupt Practices Act
Violation Description: 

A global freight forwarding company, as well as five oil and gas service companies and subsidiaries, have all agreed to resolve investigations of Foreign Corrupt Practices Act violations.

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 Parent: 
Switzerland (reincorp. for tax reasons)
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
oilfield services and supplies
Specific Industry of Parent: 
oilfield services
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.