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Friday, May 31, 2013

Total Gets FCPA Prosecution Deferred

Total, S.A., a French oil and gas company, will pay a $245.2 million monetary penalty to resolve charges related to violations of the Foreign Corrupt Practices Act (FCPA) in connection with illegal payments made through third parties to a government official in Iran to obtain valuable oil and gas concessions. More on Corporate Crime Reporter. Total (FP:EN Paris) is a Global Compact participant since 2002/03/07. In 2012, Total S.A. was a LEAD contributor to the Foundation for the Global Compact (USD $65,000 +).

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