The African Development Bank Group last week levied $5.7 million in financial penalties against engineering services provider Snamprogetti in a bribery case.

According to the charges, Snamprogetti, together with three other companies, funneled $180 million in bribes from 1995 to 2004 to government officials in Nigeria as part of a multinational joint venture to develop a liquefied natural gas plant in the country.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...