ABB is collaborating with criminal authorities in several countries in Europe, Latin America and Asia over the possibility that its employees might have offered bribes to potential customers in return for giving orders.
The Swiss-Swedish engineering company said the "suspect payments" - which it refused to quantify - had been found as a result of internal investigations started about three years ago.
ABB identified Italy as being one country in which "suspect" payments had been made by company employees but did not specify in which other countries the violations may have taken place.
"If ABB is found to have violated any . . . laws, the company could be liable for penalties and other costs, and the violations could otherwise negatively impact its business," ABB said.
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