Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Key Energy: Justice Department has closed FCPA investigation

Jaclyn Jaeger | May 2, 2016

Key Energy Services, an oilfield services company, said last week that the Department of Justice has decided not to file any charges against it in connection with a previously disclosed investigation into potential violations of the Foreign Corrupt Practices Act.  

As Compliance Week previously reported, the company voluntarily disclosed to the SEC and the Justice Department in May 2014 potential violations of the FCPA concerning business activities of Key Energy’s operations in Russia. No further details were provided on the matter.

In June 2014, Key further...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.