Alcatel-Lucent Agrees To Pay $137 Million For Foreign Corrupt Practices

Alcatel-Lucent, S.A. and three of its subsidiaries are to pay US$137 million for violations of the US Foreign Corrupt Practices Act relating to the bribing of foreign government officials.

The payment resolves both criminal charges by the US Department of Justice and civil claims by the US Securities and Exchange Commission.

The December 2010 settlements were for Alcatel's alleged payment of millions of dollars in bribes to secure a number of telecommunications contracts in Costa Rica, Honduras, Malaysia and Taiwan. 

The settlement is one of the largest to date and marks the end of a record-setting year for FCPA enforcement.  Well over US$1 billion was paid in 2010 to settle claims brought by the DOJ and the SEC, including major settlements with non-US companies such as BAE Systems, Snamprogetti and Daimler – a clear signal that US authorities are focusing their efforts on the extraterritorial application of the FCPA .