Prosecutors charged the company with paying more
than $6 million in bribes, in violation of the U.S. Foreign
Corrupt Practices Act.
Bilfinger worked with others to inflate the price of a bid by 3
percent to cover the cost of the payments, prosecutors said.
The Justice Department said it agreed to defer the charges for
three years and drop them if Bilfinger improves its controls and
hires an independent monitor for 18 months to assess the
Bilfinger Chief Executive Roland Koch said the company was
pleased to put the events behind it.
"In recent years, Bilfinger has consistently expanded its
compliance instruments and today has a modern and efficient
system," Koch said in a statement.
Prosecutors previously resolved charges with Bilfinger's
collaborator on the bribes, Willbros Group Inc., and with three
former Willbros executives or consultants who pleaded guilty. A
fourth remains a fugitive.
(Reporting by Aruna Viswanatha;
editing by Dan Grebler)
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