Federal and International

Parker Drilling Company Resolves FCPA Investigation and Agrees to Pay $11.76 Million Penalty

Washington, DC—(ENEWSPF)—April 16, 2013. Parker Drilling Company, a publicly listed drilling-services company, headquartered in Houston, has agreed to pay an $11.76 million penalty to resolve charges related to the Foreign Corrupt Practices Act (FCPA) for authorizing payment to an intermediary, knowing that the payment would be used to corruptly influence the decisions of a Nigerian government panel reviewing Parker Drilling’s adherence to Nigerian customs and tax laws.  Acting Assistant Attorney General Mythili Raman of the…

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