HUFFINGTON POST
02/14/2011 11:18 am ET | Updated May 25, 2011

Tyson Fined $5.2 Million Over Inspection Bribes At Mexican Plant

Tyson Foods Inc. settled with U.S. regulators over allegations that it paid bribes to meat-processing plant inspectors in Mexico.

The Springdale, Ark.-based maker of prepared foods agreed to pay more than $5 million in penalties to the Securities and Exchange Commission and the Justice Department. It entered into a deferred-prosecution agreement that charges Tyson with conspiracy and substantive violations of the Foreign Corrupt Practices Act, a 1977 law that bans bribery of foreign officials. However, the agreement allows the company to avoid prosecution if it complies with certain conditions.

Read more on The Wall Street Journal