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Mondelez to pay $13m fine to US

Updated At : 06:21 AM Jan 11, 2017 IST

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New Delhi, January 10

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Global confectionery and food major Mondelez International will pay $13 million penalty to the US government for violating anti-corruption law by its subsidiary, erstwhile Cadbury India, in getting regulatory approvals for expansion of a unit in Himachal Pradesh.

The matter relates to violation of Foreign Corrupt Practices Act (FCPA) in India by Cadbury India, which had in 2009, took help of an agent to obtain “outside assistance” in securing various licences and approvals to increase production capacity of one of its unit at Baddi in Himachal. — PTI

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