Sipca subsidiary, spinoff settle Brazil bribery probe involving federal mint, tax agency
By Ana Paula Candil ( June 8, 2021, 17:48 GMT | Insight) -- A Brazilian subsidiary of Sicpa, a Swiss company operating in the authentication of banknotes and traceability markets, and its spinoff entity Ceptis both agreed to pay 762 million reais ($151 million) to settle an investigation into their payment of millions of dollars in bribes to secure contracts with the federal tax agency and the federal mint.A Brazilian subsidiary of Sicpa, a Swiss company operating in the authentication of banknotes and traceability markets, and its spinoff entity Ceptis both signed a leniency agreement with Brazil's Attorney General (AGU) and Brazil's Office of the Comptroller General (CGU) to settle a bribery probe involving the federal tax agency and the national mint....
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