The US Consob SEC announced today that the pharmaceutical company Teva Pharmaceutical Industries Limited has agreed to pay more than $519 million for violations of the Foreign Corrupt Practices Act by paying bribes to government officials in Russia, Ukraine and Mexico.
GD – 23/12/2016 – Trend On Line
The US Consob SEC announced today that the pharmaceutical company Teva Pharmaceutical Industries Limited has agreed to pay more than $519 million for the violation of the 
Foreign Corrupt Practices Act by paying bribes to government officials in Russia, Ukraine and Mexico.
According to the SEC, Teva made more than $214 million in illicit profits made through payments to help grow its market share and obtain regulatory approvals and favorable drug purchasing and prescribing decisions.
The agreement reached with the US authorities calls for the company led by Erez Vigodman to pay over 236 million dollars to the SEC and a 283 million dollar fine to the US Department of Justice. Teva will also have to remain under the monitoring of an independent observer for at least three years.
Related news: The Israeli farm Teva también pagó sobornos en México
