India

Mondelez to settle India violation charges

INDIA – Mondelez International, the maker of Cadbury and Oreo cookies, has agreed to pay $13 million in civil penalties to US markets regulator the Securities and Exchange Commission (SEC) to settle charges of violating the internal controls and books-and-records provisions of the Foreign Corrupt Practices Act (FCPA) in India.

Mondelez to settle India violation charges

INDIA – Mondelez International, the maker of Cadbury and Oreo cookies, has agreed to pay $13 million in civil penalties to US markets regulator the Securities and Exchange Commission (SEC) to settle charges of violating the internal controls and books-and-records provisions of the Foreign Corrupt Practices Act (FCPA) in India.