Samsung Heavy, Brazilian authorities reach $149m settlement in bribery probe
Feb 23, 2021
Samsung Heavy Industries Co. said Tuesday that it has reached a settlement with Brazilian state prosecutors and auditors over a graft probe surrounding drillship orders by the company. The company said in a regulatory filing that it has agreed to pay 812 million reais ($149 million) in a leniency deal with Brazil’s Office of the Comptroller General, Office of the Attorney General and the Federal Prosecutor’s Office, accepting the results of an investigation into a criminal case inv