5 Biggest Bribery Cases in Business History

4. Total SA (NYSE:TOT)

Total is one of the biggest petroleum companies in the world and one of the biggest companies in France as well. However, it also unfortunately has a habit of engaging in bribery practices, which include bribes in Italy worth 15 million euros in 2008, and bribery in Iran worth 60 million dollars, which earned the company more than $150 million in profits. Total ended up paying around $400 million for this bribery scandal. However, now, a new scandal is emerging in the country of Malta, where Total refused to do business until a specific person was among the Maltese agents negotiation. This person, George Farrugia, has been currently provided a presidential pardon so he can make the case against Total, which is currently not allowed to do business in Malta as a result of these allegations.

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