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Iran: TechnipFMC agrees US fine for bribery in multiple jurisdictions

London-based oil and gas services company TechnipFMC has agreed to pay a $296m fine for violations of the United States Foreign Corrupt Practice Act (FCPA), in part because of bribes paid to Iraqi officials by a predecessor company, FMC Technologies over a decade ago.TechnipFMC on 25 June said it would pay a total $301.3m to resolve anti-corruption investigations with Brazilian and US authorities, the Department of Justice and Securities and Exchange Commission.

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