Macmillan Publishers Must Pay $18 Million for Africa Corruption
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Macmillan Publishers Ltd. was fined 11.3 million pounds ($18.4 million) over possible bribes to win contracts for education materials in Rwanda, Uganda and Zambia.
The book publisher, based in Basingstoke, England, was ordered by a London court to pay the settlement after an internal investigation found evidence its processes for bidding on contracts “were susceptible to improper relationships,” the U.K. Serious Fraud Office said in a statement today.