Alliance One Units Plead Guilty in US Bribery Case

Source from:  Reuters 08/09/2010

Aug 6 (Reuters) - Two foreign units of tobacco leaf company Alliance One International Inc (AOI.N) pleaded guilty on Friday to violating U.S. anti-corruption laws related to bribes paid to foreign government officials to win contracts, the U.S. Justice Department said. The two units agreed to pay $9.45 million in fines collectively. The Justice Department also said it had reached a plea deal with the Brazilian unit of Universal Corp (UVV.N) over charges related to bribes paid to Thai officials for the sale of Brazilian tobacco. That unit agreed to pay a $4.4 million criminal fine. Enditem