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Corruption in the DRC: The Paris judicial court validates the payment by Seves group and Sediver to close a case

06/12/2023
Source : ORISHAS FINANCE
Categories: Compliance

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Seves group and the French group Sediver paid a fine of 13.373 million euros to the Paris Judicial Court on Monday, December 4, last year. It was in order to close a case of bribery of foreign public officials in the Democratic Republic of Congo (DRC), Algeria, Nigeria and Libya

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Une fine of 13.373 million euros was established under a Judicial Agreement of Public Interest (Cjip), signed by the group and its subsidiary on 28 November with the National Financial Prosecutor's Office (PNF) and validated on Monday by the president of the court Stéphane No& Euml;. According to Antonin Lévy, a lawyer for Seves and Sediver, this case shows that “acts of corruption do not allow a company to develop, it's even the opposite.” In addition to the payment of the fine, the Cjip plans a three-year compliance program in collaboration with the French Anti-Corruption Agency (Afa

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