Fresenius Medical Care to pay $231 million to resolve criminal, civil foreign bribery charges

FILE PHOTO: Samples of products of Fresenius and Fresenius Medical Care are on display during the company’s annual news conference at their head quarters in Bad Homburg Germany, February 20, 2019. REUTERS/Kai Pfaffenbach

(Reuters) – Germany-based dialysis clinic operator Fresenius Medical Care AG will pay about $231 million to resolve criminal and civil allegations that the company paid bribes to public health and government officials in a variety of countries in order to win or retain business, the U.S. Justice Department said on Friday.

As part of the settlement, the company admitted that it doled out bribes to officials in Angola and Saudi Arabia from 2007 through 2016, and also failed to maintain proper internal accounting controls, the department said.

Reporting by Sarah N. Lynch in Washington and Nate Raymond in Boston; Editing by Bill Berkrot

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