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Mondelēz International faces FCPA probe

Jaclyn Jaeger | March 4, 2016

Mondelēz International, the U.S. parent of Mondelez India, recently disclosed in a securities filing that is being investigated by the U.S. Securities Exchange Commission and the Department of Justice for potential violations of the Foreign Corrupt Practices Act related to its operations in India.

After acquiring Cadbury in February 2010, Mondelēz International said it “began reviewing and adjusting, as needed, Cadbury’s operations in light of applicable standards as well as our policies and practices.” Initially, the company focused on such high-priority areas as food safety, the FCPA, and antitrust, the company said in a Form 10-K last month.

“Based upon Cadbury’s pre-acquisition policies and compliance programs and our post-acquisition reviews, our preliminary findings indicated...

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