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Violation Tracker UK Individual Case

Company: Macmillan Publishers Limited
Current Parent CompanyHoltzbrinck Publishing Group
Parent at the Time of the Penalty Announcement: Holtzbrinck Publishing Group
Penalty: £11,263,852
Year: 2011
Date: 22 July, 2011
Offence Group: competition-related offences
Offence Type: bribery
Violation Description: The Director of the Serious Fraud Office took action in the High Court, which resulted in an Order for Macmillan Publishers Limited, to pay in excess of £11 million in recognition of sums it received which were generated through unlawful conduct related to its Education Division in East and West Africa. The Order was made under Part 5 of the Proceeds of Crime Act 2002. The initial enquiry commenced following a report from the World Bank. An attempt had been made by an agent to pay a sum of money with the view in mind of persuading the award of a World Bank funded tender to supply educational materials in Southern Sudan. The Company did not win the contract.
Action Type: agency action
Agency: Serious Fraud Office
HQ Country of Parent: Germany
Ownership Structure of Parent: privately held
Major Industry of Parent: media
Specific Industry of Parent: publishing
Source of Data(click here)