Menu

Federal Contractor Misconduct Database (FCMD)

The federal government routinely awards contracts to companies with histories of misconduct, including contract fraud and other violations. POGO believes that providing this website will help to improve contracting decisions and increase public knowledge of how the government spends billions of taxpayer dollars each year. Read more…

Panalpina Group Foreign Bribery: SEC Investigation

Swiss shipping and logistics company Panalpina Group and several of its oil and gas service company customers, including Royal Dutch Shell, agreed to pay nearly $80 million to settle a Foreign Corrupt Practices Act civil enforcement action brought by the U.S. Securities and Exchange Commission (SEC). The SEC alleged that Shell and its indirect subsidiary Shell International Exploration and Production, Inc. (SIEP) violated the FCPA by using a customs broker to make payments from 2002 to 2005 to officials at the Nigerian Customs Service to obtain preferential customs treatment related to a project in Nigeria. Without admitting or denying the allegations, Shell and SIEP agreed to pay approximately $18.1 million in disgorgement of profits and prejudgment interest. See related Royal Dutch Shell instance, “Panalpina Group Foreign Bribery: DOJ Investigation.”

Misconduct Type
Ethics
Enforcement Agency
SEC
Contracting Party
None
Court Type
Civil
Disposition
Settlement
Date of Settlement Announcement
11/4/2010
Contractors Involved Penalty
Total
Royal Dutch Shell PLC $18,149,459
Further Information Released
Cease and Desist Order 11/17/2010
SEC Press Release 11/17/2010

See also:

Federal Contractor Misconduct Database