The Securities and Exchange Commission has charged Honeywell International Inc. for violations of the Foreign Corrupt Practices Act (FCPA) related to bribery schemes that allegedly took place in Brazil and Algeria. The conglomerate housing aerospace, materials, and other businesses has agreed to pay more than $81 million to settle the SEC's charges. In Brazil Honeywell allegedly engaged in a bribery scheme involving intermediaries and employees of its U.S. subsidiary to obtain business from...
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