Category: Brazil

Samsung Heavy Industries to pay $149M to settle corruption probe in Brazil

South Korean shipbuilder Samsung Heavy Industries (SHI) agreed on Monday to pay $149M in a leniency agreement with Brazilian authorities to resolve investigations into acts of corruption and money laundering. 15 months earlier, the shipbuilder resolved similar allegations with U.S. Authorities. Members-only content. While… Continue Reading “Samsung Heavy Industries to pay $149M to settle corruption probe in Brazil”