Schlumberger Subsidiary Pays $232.7 Million for “Facilitation”
Just last month, Schlumberger Ltd. (Schlumberger), subsidiary Schlumberger Oil Field Holdings Ltd. (SOHL), agreed to pay over $232.7 million in penalties to the United States for violations of the International Emergency Economic Powers Act (IEEPA). Of this amount, $155,138,904, represented a criminal fine. For a number of reasons, we agree with the Justice Department that …
Read moreSchlumberger Subsidiary Pays $232.7 Million for “Facilitation”