Companies Get Extra Incentive to Disclose Bribes: No Charges
- Justice Department expands Obama-era bribe enforcement policy
- Coming clean, cooperating could result in no criminal charge
Photographer: John Taggart/Bloomberg
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The Justice Department is extending an Obama-era program that encourages companies to admit to foreign bribery, with a twist.
As before, the U.S. will consider reducing financial penalties for companies that come clean. Now, the feds will be more likely to consider forgoing criminal charges as well.