Allianz Paying $12.4M To Settle U.S. Bribery Charges
The charges were brought under the Foreign Corrupt Practices Act, which bars companies from bribing officials in other countries to get or retain business.
Allianz said in a statement that in recent years it has improved its controls against corruption.
|Copyright:||(c) 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.|