• Alcoa agreed to plead guilty with the United States Department of Justice at the court of Western District of Pennsylvania
• Alcoa was guilty for violating the anti-bribery provisions of the Foreign Corrupt Practices Act with a 2004 corrupt transaction.
Slide 2
• Alcoa World Alumina LLC a majority-owned of the company paid a criminal fine of $209 million and a penalty of $14 million to settle the Department of Justice charges.
Slide 3
• The Alcoa Inc., the corporate parent resolved the civil charges brought by Securities and Exchange Commission by retaining $161 million.
• This all calculated to a settlement of $348 million
Slide 4
• This settlement ranked 5th on the top 10 FCPA cases of all time.
• On the disgorgement ranks,