Jump to content Jump to menu
Why Register?

Shearman FCPA Website: Cases Logo Shearman & Sterling LLP FCPA.Shearman.com: The One-Stop Resource on the Foreign Corrupt Practices Act

U.S. v. Noble Corp.

 
:
Freight Forwarders - Noble Corp.
:
DOJ Criminal
:
November 4, 2010
:
U.S. v. Noble Corp.
:
U.S. v. Noble Corp. (2010)
:
After learning of the Panalpina investigation, Noble Corp. discovered the improper payments through an internal investigation of its operations in Nigeria and voluntarily informed the DOJ of its investigation and findings.
:
Nigeria
:
2003; 2004; 2005; 2006; 2007
:
Customs officials in Nigeria (Nigeria Customs Service)
:
Between January 2003 and May 2007, Noble’s Nigerian subsidiary (“Noble-Nigeria”) paid a total of approximately $74,000 as “special handling charges” to its Nigerian customs agent.  Noble-Nigeria and certain employees of Noble Drilling Services Inc., Noble’s U.S.-subsidiary, were aware that some or all of the money paid to the Nigerian customs agent would be paid to the Nigeria Customs Service officials for the purpose of illegally obtaining extensions for the temporary import permits for the rigs in the Nigerian waters, so as to avoid the need to either permanently import the rigs or export and re-import the rigs to obtain new temporary import permits.
:
Anti-bribery (Issuer), Books and records (Issuer), Internal controls (Issuer)
:
Non-prosecution Agreement
:
$2,590,000 in monetary penalty
:
2,590,000
:
0
:
Issuer
:
Foreign
:
License/Permit
:
2,973,000
:
Cash
:
Customs Broker or Agent/Consultant
:
74,000
:
Nigeria
:

:
No