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High Court sets scene for bigger corporate penalties

Michael Pelly

The High Court has opened the door to tougher penalties for corporate offending after rejecting a fine of $1.35 million for engineering firm Sinclair Knight Merz (SKM) in a foreign bribery case.

The court on Wednesday said the “benefit” that SKM received from projects in Vietnam and the Philippines had been drastically understated at $2.8 million, and was actually $10.1 million.

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Michael Pelly was The Australian Financial Review’s legal editor

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    Original URL: https://www.afr.com/companies/infrastructure/high-court-s-hard-line-in-bribery-case-could-lift-corporate-penalties-20230802-p5dt94