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News/Compliance & Enforcement/Three South Korean Companies Agree to Plead Guilty and to Enter into Civil Settlements for Rigging Bids on DOD Fuel Supply Contracts
News·Compliance & Enforcement Brief

Three South Korean Companies Agree to Plead Guilty and to Enter into Civil Settlements for Rigging Bids on DOD Fuel Supply Contracts

South Korea-based companies SK Energy, GS Caltex, and Hanjin Transportation have agreed to guilty pleas and a combined civil settlement of approximately $154 million in a decade-long bid-rigging conspiracy.

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