Two executives from drilling contractor Noble Corp have agreed to settle civil claims they participated in a bribery scheme to obtain permits for oil rigs in Nigeria, days before the case was set to goto trial. Jury selection had been scheduled for next Monday in the U.S. Securities and Exchange Commission's (SEC) case against Noble's former CEO and the director of its Nigerian subsidiary. The two men were sued under the Foreign Conoipt Practices Act which bans U.S. companies from bribing foreign officials.
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