French power and transportation company Alstom confirmed yesterday that it is cooperating with the Department of Justice in connection with a bribery probe into possible violations of the Foreign Corrupt Practices Act.
The bribery probe centers on allegations that Alstom, along with Japanese trading company Marubeni, used middlemen to pay—and conceal—bribes to foreign government officials in Indonesia in order to secure a $118 million contract, known as the Tarahan project, to provide power-related services in the country, according to the Justice Department.
