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French Firm to Pay Record Fine in Bribery Case

The U.S. Justice Department announced Monday that it has cracked a massive international bribery scheme involving a French company that paid bribes to government officials in several countries over more than a decade. The French power and transportation company Alstom has agreed to plead guilty to violating the Foreign Corrupt Practices Act in connection with a scheme carried out between 2000 and 2011. Alstom also was ordered to pay a criminal penalty of more than $772 million. If...

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