The Morning Risk Report: Colombian Banking Group Strikes $80 Million Settlement Over Highway Bribery Scheme

The Morning Risk Report: Colombian Banking Group Strikes $80 Million Settlement Over Highway Bribery Scheme

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At federal court in Baltimore, representatives for Grupo Aval and its subsidiary Corporación Financiera Colombiana, also known as Corficolombiana, entered into an agreement with U.S. prosecutors on Thursday to settle violations of the U.S. Foreign Corrupt Practices Act. The two firms also settled…

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