Johnson & Johnson Unit Settles U.K. Bribe Case for $7.9 Million
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Johnson & Johnson’s DePuy International Ltd. unit agreed to pay 4.8 million pounds ($7.9 million) to end a U.K. probe into allegations it paid bribes to Greek officials to win contracts to supply orthopedic products.
DePuy “unlawfully obtained” 14.8 million pounds from sales of orthopedic products to the Greek public health system over eight years, the Serious Fraud Office, which prosecuted the case, said in a statement today. The company paid bribes of as much as 20 percent of the value of the contracts, the SFO said.