Biomet ( 2012 to present ) – $ 22 mil DOJ / SEC Settlement in 2012
• In March 2015 , DOJ extended Biomet ’ s DPA and external compliance monitoring for one year after disclosure of questionable payments in Mexico and Brazil .
• HP Mexico paid inflated commissions to a consulting company that was affiliated with the Chief Operating Officer of Pemex to help it win a $ 6 million IT contract . $ 125,000 went to an entity controlled by the Pemex official .
• Texas-based ABB Inc ., the U . S . subsidiary of Swiss energy company ABB Ltd ., paid nearly $ 1.9 million bribes through intermediaries to secure approximately $ 81 million in contracts from CFE over a seven-year period .
RECENT MEXICO-RELATED FCPA PROCEEDINGS
Biomet ( 2012 to present ) – $ 22 mil DOJ / SEC Settlement in 2012
• In March 2015 , DOJ extended Biomet ’ s DPA and external compliance monitoring for one year after disclosure of questionable payments in Mexico and Brazil .
• HP Mexico paid inflated commissions to a consulting company that was affiliated with the Chief Operating Officer of Pemex to help it win a $ 6 million IT contract . $ 125,000 went to an entity controlled by the Pemex official .
ABB Ltd . and ABB Inc . ( 2010 ) – $ 58.3 mil DOJ / SEC Settlement
• Texas-based ABB Inc ., the U . S . subsidiary of Swiss energy company ABB Ltd ., paid nearly $ 1.9 million bribes through intermediaries to secure approximately $ 81 million in contracts from CFE over a seven-year period .