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A July 2010 law permits the U.S. Securities and Exchange Commission to award "whistleblowers" up to 30% of any fines paid for violation of the Foreign Corrupt Practices Act (FCPA). The Act prohibits paying bribes to foreign officials to facilitate business dealings. In a recent case in Nigeria, FCPA charges were settled against two U.S. companies for a combined $365 million. Six of the largest drillers are now under investigation for potential FCPA violations. In countries where bribery can be part of doing business, how can we balance legal compliance with U.S. energy security?
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