Payment of Kickback under the U.N. Oil for Food Program

Ingersoll-Rand agrees to pay $2.5 Million fine

By Guest Column —— Bio and Archives--November 2, 2007

World News | Comments | Back To Full Article

As part of the Department of Justice's ongoing investigation of the United Nations "Oil for Food" program, the Department of Justice has agreed to defer the prosecution of Ingersoll-Rand Company Limited, to pay a $2.5 million penalty, Assistant Attorney General Alice S. Fisher of the Criminal Division announced today. The agreement calls for Ingersoll-Rand and two of its subsidiaries to pay a $2.5 million penalty.

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