The U.S. Department of Justice (DOJ) last month informed a U.K. insurance broker it would not face prosecution under the Foreign Corrupt Practices Act (FCPA) despite alleged evidence of nearly $3.2 million the company paid in bribes to Ecuadorian government officials.
Jardine Lloyd Thompson Group Holdings (JLT) was informed of the DOJ’s intent in a letter dated March 18 and consented to March 22 by general counsel for Marsh & McLennan Companies, which acquired JLT in 2019. The alleged misconduct occurred beginning in 2014 and continued through 2016, according to the DOJ.
