Swiss Security Firm Sicpa Convicted Of Corruption

2023-04-27 02:15:41

(MENAFN- Swissinfo) Sicpa, which was founded in Lausanne in 1927, has been the target of several corruption investigations in Switzerland and overseas. Keystone / Martial Trezzini

The Swiss federal prosecutor has ordered the Vaud-based security ink company Sicpa to pay CHF81 million ($90.6 million) for corporate criminal liability over the payment of bribes in various countries. A former sales manager of the company was also given a conditional prison sentence of 170 days.

This content was published on April 27, 2023 April 27, 2023 Keystone-SDA/jdp

Español (es) la empresa de seguridad suiza sicpa, condenada por corrupción
Português (pt) empresa suíça de tintas de segurança é condenada por corrupção

According to a statementexternal link by the Office of the Attorney General of Switzerland on Thursday, Sicpa was“criminally liable” for failing to take all necessary and reasonable organisational precautions that“made it possible for employees of Sicpa” to bribe foreign officials.

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