Amec Foster Wheeler Energy Ltd pays US$41m, enters US DPA to settle Brazil bribery case

A subsidiary of John Wood Group, the UK-based engineering business, has agreed to pay US$18,375,000 to US prosecuting authorities over charges that it conspired with others to bribe officials in Brazil to win a U$190m contract; after offsets against settlements with UK and Brazilian authorities, this figure nets down to US$7,656,250. [1] The firm will also pay some US$10.1 million, reduced from US$22.7 million by offsets, to settle a related civil action by the US Securities & Exchange Commission (SEC). [2]