Alstom fined USD 772 mn against foreign bribery charges


The US has fined French multinational Alstom SA, a record USD 772 million over international bribery charges in which the energy and transport giant bribed government officials in Indonesia, Saudi Arabia, Egypt, and Taiwan.

Alstom, which got a multi-billion contract in India to supply 800 railway engines to the Indian Railways this week had earlier pleaded guilty to the charges.


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