Skip to Primary Navigation

FCPA: Frank’s International pays $8m for bribing Angolan officials

Oil and gas field
Photo: Mario Tama/Getty Images

Payments made over six-year period through a sales agent without due diligence.

Netherlands-based oil and gas services provider Frank’s International NV agreed Wednesday to pay the SEC $8m to resolve Foreign Corrupt Practices Act (FCPA) violations for bribing Angolan officials through a sales agent.

Frank’s, now known as Expro Group Holdings NV, was charged by the SEC in an 

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience