Jan
14
Aon Settles with DOJ, SEC for Over $16M on FCPA Violation Charge
14-01-2012
Tagged Under : Violation, Violation Charge
Aon Corp. has reached settlements with the U.S. Department of Justice and the Securities and Exchange Commission totaling around $16.3 million to resolve violations of the Foreign Corrupt Practices Act.
The DOJ says Aon’s United Kingdom subsidiary, Aon Limited, administered training and education funds in connection with its reinsurance business with Costa Rica’s state-owned insurance company, Instituto Nacional De Seguros (INS). Whi