Law360, New York ( November 1, 2012, 2:46 PM EDT) -- The Serious Fraud Office, the United Kingdom's chief investigator and prosecutor of foreign corruption, recently reached a civil settlement with Oxford Publishing Ltd. (OPL), a subsidiary of Oxford University Press (OUP), under which OPL agreed to pay just under £1.9 million in respect of sums received from contracts found to have been potentially procured through bribery.[1] The settlement was agreed to under Part 5 of the Proceeds of Crime Act 2002 (POCA). This is the second such settlement reached between the SFO and a major publisher involving allegations of corruption in sub-Saharan Africa in the past 12 months.[2]...
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