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General Cable to pay $20 mln penalty to settle bribery allegations -- DoJ
December 29, 2016 / 4:14 PM / a year ago

General Cable to pay $20 mln penalty to settle bribery allegations -- DoJ

WASHINGTON, Dec 29 (Reuters) - General Cable Corp., a Kentucky-based wire manufacturer, agreed to pay a $20 million penalty to resolve allegations that the company had bribed officials in Angola, Bangladesh and China, the U.S. Justice Department said in a press release Thursday. (Reporting by Joel Schectman; Editing by Chizu Nomiyama)

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