Pride International

Date Company Accusation City / Area / Country Source Tags Media
04/11/2010Pride InternationalPride paid a total of approximately $800,000 in bribes directly and indirectly to government officials in Venezuela, India and Mexico. The bribes were paid to extend drilling contracts for three rigs operating offshore in Venezuela; to secure a favorable administrative judicial decision relating to a customs dispute for a rig imported into India; and to avoid the payment of customs duties and penalties relating to a rig and equipment operating in Mexico. Criminal penalty - $32.625 million.Venezuela, India and MexicoUS Department of JusticeBribing & Corruption