French Firm to Pay Record $772 Million Penalty for Foreign Bribery Scheme

PRESS RELEASE DECEMBER 22, 2014

Flanked by Department of Justice officials, FBI Executive Assistant Director Robert Anderson, Jr. speaks about the investigation of the French power and transportation company Alstom S.A.

In what is being called the largest-ever foreign bribery resolution with the Department of Justice, a French power and transportation company today pleaded guilty to violating the Foreign Corrupt Practices Act and agreed to pay a record $772 million fine.