Honeywell Subsidiary to Pay $160M to Resolve Bribery Investigations
Authorities probed payments offered to a high-ranking official at Brazil’s state-owned oil company.
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Authorities probed payments offered to a high-ranking official at Brazil’s state-owned oil company.
<p><span>UOP LLC, doing business as Honeywell UOP, a U.S.-based subsidiary of Honeywell International Inc., has agreed to pay more than $160 million to resolve parallel bribery investigations by criminal and civil authorities in the United States and Brazil stemming from bribe payments offered to a high-ranking official at Brazil’s state-owned oil company. </span></p>
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