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Corruption: Sotec pays a fine of 520,000 euros in France

15/07/2024
Source : ORISHAS-FINANCE
Categories: Compliance

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On Wednesday 10 July, the French courts validated the payment of a fine of 520,000 euros by the Gabonese company Sotec in a corruption case.

Sotec was implicated for complicity in the active corruption of foreign public officials. This Gabonese company cooperated with the prosecutor's office, which has been investigating since July 2007 a contract worth seven million euros concluded at the end of 2005 between the French group Marck and LeGabon. . The fine was established under a judicial public interest agreement (CJIP) signed by the group and its subsidiary with the Paris prosecutor's office and validated on Wednesday by the president of the court Stéphane Noël. According to the prosecutor's office, its amount was calculated taking into account “major factors”, such as the indictment of the Gabonese civil servant, who was then a collaborator of

Ali Bongo.
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