The Goodyear Tire & Rubber Company (“Goodyear”) reached a civil settlement with the SEC to resolve, on a neither admit nor deny basis, allegations that it violated the books-and-records and internal controls provisions of the Foreign Corrupt Practices Act (“FCPA”) in connection with its operations in Kenya and Angola. See Order Instituting Cease-and-Desist Proceedings, The Goodyear Tire & Rubber Company, Exchange Act Release No. 74,356 (Feb. 24, 2015). According to the SEC, Goodyear’s subsidiaries in those two countries paid more than $1.5 million to government officials in Kenya, and more than $1.6 million to government officials in Angola, to obtain business, but falsely recorded the bribes as expenses for promotional products or payments to vendors for freight and clearing costs. Goodyear agreed to disgorge more than $14 million, and pay monetary interest of more than $2 million, to resolve the matter. In addition, for the next three years, Goodyear must report annually to the SEC on the status of its remediation and implementation of compliance measures.