French oil company Total SA was fined 750,000 euros ($826,125) after judges found it guilty of corruption in Iraq’s oil-for-food program.
Total is guilty of corrupting foreign civil servants, judges at the Paris court of appeals said in a Friday ruling. The penalty comes after Total was cleared of all charges by a Paris court in 2013. Total’s lawyer, Jean Veil, said he was “disappointed” by the ruling. The French company said through a spokeswoman that it is evaluating its next move.