U.S. announces settlement in global bribery scandal

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The charges involve $160,000 in bribes paid through its employees and agents to tax inspectors in Azerbaijan to secure favorable tax assessments and approximately $1.6 million in bribes paid through Panalpina to Nigerian customs officials to get the officials to disregard Nigerian customs regulations on the importation of vessels into Nigerian waters.

Tidewater Marine agreed to pay a $7.35 million criminal penalty.

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