Jan. 30 at 4:37 PM
$XXII Do the right thing too XXII, acknowledge wrongdoings to retail investors, pay up and apologize.
In 2023, BAT entered into a deferred prosecution agreement and along with the subsidiary, which pleaded guilty, agreed to pay the US
$629M in fines for conspiring to violate sanctions and bank fraud.
“On behalf of BAT, we deeply regret the misconduct arising from historical business activities that led to these settlements, and acknowledge that we fell short of the highest standards rightly expected of us,” Jack Bowles, then the company’s chief executive, said in a statement at the time.
https://share.google/bkhGt7APdWZWCKDlC