Transocean Inc.

Why it is here

U.S. Securities and Exchange Commission (FCPA) — SEC settled action (FCPA) (SEC settled FCPA charges: injunction, disgorgement and prejudgment interest of $7,265,080 · Illicit payments 2002–2007 through customs agents to Nigerian government officials to extend the temporary importation status of its drilling rigs and obtain false paperwork, inward clearance authorizations and a bond registration), from 4 November 2010.

Enforcement action of the U.S. Securities and Exchange Commission under the Foreign Corrupt Practices Act, resolved against the company.

Details

Company

Transocean Inc.

Authority

U.S. Securities and Exchange Commission (FCPA)

Decision

SEC settled action (FCPA)

Grounds and details, as published

SEC settled FCPA charges: injunction, disgorgement and prejudgment interest of $7,265,080 · Illicit payments 2002–2007 through customs agents to Nigerian government officials to extend the temporary importation status of its drilling rigs and obtain false paperwork, inward clearance authorizations and a bond registration

From

4 November 2010

Until

—

Status

End date not published

Source

https://www.sec.gov/newsroom/press-releases/2010-214-sec-charges-seven-oil-services-freight-forwarding-companies-widespread-bribery-customs-officials

Licence

Public domain (U.S. Government work)

Other records of this company1

1. 014 November 2010U.S. Department of Justice, Criminal Division (Fraud Section) · Deferred prosecution agreement (FCPA)