Global Investigations Review - The law and practice of international investigations

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SBM Offshore sets aside US$238 million with DOJ settlement looming

By Kelly Swanson

06 November 2017

SBM Offshore sets aside US$238 million with DOJ settlement looming iStock.com/leofrancini

After declining to prosecute SBM Offshore for bribery three years ago, the US Department of Justice has now changed its position and will impose a penalty on the Dutch oil services company.