Saturday, February 23, 2008

Flowserve to pay $10.5 million in penalties

Waxahachie Daily Light reports that Flowserve Corp., a maker of pumps and valves for the energy sector, has agreed to pay more than $10.5 million in penalties for making illegal kickbacks through the United Nations' oil-for-food program, the Justice Department said Thursday.

For the full article, please click on this link.

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