Action against Respondent, a drilling company, for alleged violations of the FCPA’s internal accounting control provisions by its predecessor, Vantage Drilling Company (“VDC”). The SEC alleges that VDC failed to implement an adequate system of internal controls and, as a result, made payments to a former outside director that the former director may have used to bribe foreign officials. Defendant has agreed to pay disgorgement of $5 million.

SEC Order

SEC Administrative Summary