Fresenius Medical Care Pays $231 Million Fine, Pledges Reform After Global Corruption Scandal

– byAmine · 2 min read
Fresenius Medical Care Pays $231 Million Fine, Pledges Reform After Global Corruption Scandal

Fresenius Medical Care, involved in corruption cases in Morocco but also elsewhere, in order to obtain contracts, claims to have radically changed. In addition, according to the U.S. Department of Justice, the firm has been ordered to pay a $231 million fine.

This "redemption" is reported by Telquel, who titles its article "After the corruption case, Fresenius assures that it has changed". The Moroccan media explains: "Following the investigation by the U.S. Department of Justice into acts of corruption by Fresenius to obtain contracts in the medical sector in certain countries, including Morocco, the German group assures Telquel that it has implemented measures since 2012 to prevent this situation from recurring".

Fresenius Medical Care would even, according to its own statements, "have thoroughly resolved these problems and implemented corrective measures".

In response to an email sent by Telquel, Fresenius Group’s Vice President of Communications, Matthias Link, stated: "When we became aware of this case in 2012, we immediately opened our own investigations and involved the U.S. authorities." And one can cite in this regard, still according to Telquel: "the dismissal of the senior executive of FMC Morocco responsible for this conduct".

And that’s not all! Fresenius would have taken other measures to, among other things, "promote a culture of ethical business conduct throughout the company". In addition, internal controls and compliance programs will be strengthened, according to Matthias Link.

It should be noted that the German firm has admitted to being involved in corruption cases in several countries, including Morocco, Angola, Saudi Arabia and Spain, between 2006 and 2017. In Morocco, this would have earned it about $3.7 million through the procurement of equipment contracts for hemodialysis centers at the military hospital in Rabat and the one in Agadir.