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3M pays $6.5m to settle FCPA charges for luxury tourism bribes

Tourists relax near water, with islands in the distance.
Photo: Peter Summers/Getty Images

Julie DiMauro

2 min read
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3M will pay the SEC $6.5m in penalties and disgorgement to resolve FCPA charges related to its subsidiary in China.

Global manufacturer 3M has agreed to pay more than $6.5m to resolve charges of the US Foreign Corrupt Practices Act violations (FCPA) related to a subsidiary in China, the SEC said on Friday.

From 2014 to at least 2018, the 3M subsidiary made arrangements to provide Chinese government officials withadministrative order

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