Swiss engineering group ABB fined $4.3m following South African bribery case

Swiss engineering and technology group ABB has been fined Swfr4-million ($4.3-million) by the country’s Attorney General in connection with a bribery case in South Africa. The Attorney General’s office on Friday said the penalty was imposed on ABB for “not having taken all necessary and reasonable organisational provisions in order to prevent bribery payments to foreign officials in South Africa”.