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Bahrain: Alcoa settles Alba’s $1B racketeering suit for $85M

By  |  October 9, 2012

Alcoa Inc. announced that it has settled a $1 billion racketeering suit brought by a state-owned Bahraini smelter alleging the aluminum giant bribed Bahraini government officials and forced the smelter to overpay on its contracts by millions of dollars.

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