Marubeni pleaded guilty and was fined $88 million for bribing Indonesian officials
Company: Marubeni Corporation
Summary
Marubeni Corporation pleaded guilty on March 19, 2014 to conspiracy and seven substantive FCPA counts, admitting that it and others paid bribes to Indonesian officials to secure a $118 million power contract. A federal court sentenced Marubeni on May 15, 2014 and imposed the agreed $88 million criminal fine. DOJ described a seven-year scheme and cited Marubeni's lack of timely remediation and refusal to cooperate when first given the opportunity. Primary source: https://www.justice.gov/archives/opa/pr/marubeni-corporation-sentenced-foreign-bribery-violations