Oil Services Companies and a Freight Forwarding Company Agree to Resolve Foreign Bribery Investigations and to Pay More Than $156 Million in Criminal Penalties (Shell)

Shell subsidiary (SNEPCO) charged on paying approximately $2 million to its subcontractors with the knowledge that some or all of the money would be paid as bribes to Nigerian customs officials by a freight forwarding company to import materials and equipment into Nigeria. Criminal penalty – $30 million.