Johnson & Johnson pays $ 70 million to settle global bribery probe

Johnson & Johnson has agreed to pay a total of $ 70 million to settle violations of the Foreign Corrupt Practices Act (FCPA) after bribing public doctors throughout Europe and paying kickbacks to Iraq to illegally obtain business.

Following a global investigation the US Securities and Exchange Commission claims that, since at least 1998, subsidiaries of J&J paid bribes to public doctors in Greece for choosing the firm’s surgical implants, public doctors and hospital administrators in Poland who dished out contracts to J&J, and doctors in Romania who agreed to prescribe its pharmaceutical product to patients.

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U.S. Department of Justice Press Release, Apr 8, 2011

Johnson & Johnson Press Release, Apr 23, 2011