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Alcoa to pay $223 million to settle criminal portion of bribery charges

( January 9, 2014, 18:26 GMT | Official Statement) -- MLex Summary: Alcoa will pay $223 million in criminal fines and plead guilty to charges that it bribed government officials in Bahrain, the US Justice Department said Thursday. In a parallel action, the aluminum producer settled with the US Securities and Exchange Commission and will pay an additional $161 million in disgorgement, bringing the total amount of penalties to $384 million. Statement follows in full. ...

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