On December 29, 2016, General Cable Corporation (“General Cable”) entered into a non-prosecution agreement and agreed to pay a $20 million criminal penalty to resolve the government’s investigation into payments made to foreign government officials in Angola, Bangladesh, China, Indonesia and Thailand in violation of the Foreign Corrupt Practices Act.  General Cable is a Kentucky-based manufacturer and distributor of cable and wire.  According to General Cable’s admissions, beginning in 2002, some foreign subsidiaries used third-party agents and distributors to make improper payments to foreign government officials in order to gain and retain business.  In 2011, employees of a General Cable subsidiary expressed concern to regional and parent-level executives that commission payments were being used for improper purposes.  However, General Cable did not implement and maintain a system of internal accounting controls to detect and prevent illegal payments.  Between 2002 and 2013, subsidiaries of General Cable paid approximately $13 million to third-party agents and distributors, some of which was used to make improper payments to foreign officials.  General Cable netted approximately $51 million in profits.  General Cable’s penalty of $20 million reflects a 50 percent reduction off the bottom of the U.S. Sentencing Guidelines fine range.  General Cable received this discount because, among other things, the company voluntarily and timely self-disclosed the conduct at issue, cooperated fully with the government’s investigation, and took extensive remedial measures.  The SEC also filed a cease and desist order against General Cable in related proceedings, and General Cable agreed to pay approximately $55 million in disgorgement to the SEC. DOJ Press Release