Holtmeier discusses the decision to drop the investigation into Dutch-based SBM Offshore DOJ’s following the $240 million settlement with Dutch prosecutors. The decision may have company’s DOJ’s been influenced by the fact that a potential offsetting of the Dutch penalty could negate any penalty collectible in the US, as well as considerations of jurisdiction and evidence.
Holtmeier discusses the DOJ’s decision to drop the investigation into Dutch-based SBM Offshore following the company’s $240 million settlement with Dutch prosecutors. The DOJ’s decision may have been influenced by the fact that a potential offsetting of the Dutch penalty could negate any penalty collectible in the US, as well as considerations of jurisdiction and evidence.
GlobalCorruptionBook-Chapter6.docx