The Vitol Group logo. Photo: Munshi Ahmed/Bloomberg Houston Energy Company Will Pay $90 Million Under Deferred Prosecution Agreement in FCPA Case
Vitol general counsel Ernest Kohnke and Simpson Thacher & Bartlett partners Jeffrey Knox and Joshua Levine signed the deferred prosecution agreement, under which Vitol agreed to improve its compliance programs.
December 03, 2020 at 06:01 PM
3 minute read
A Houston-based energy trading company on Thursday agreed to pay a $90 million criminal penalty to the U.S. government after it was charged with conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act.
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