|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
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|Hyderabad||Rs. 24140.00 (1.17%)|
Special prosecutors in the Turks & Caicos Islands say Sandals Resorts will pay $12 million as part of a probe into corruption.
A Wednesday statement from Turks & Caicos says the agreement involves no admission of liability.
It says the agreement and the payout relate to the resort company's cooperation with a U.S. investigation and voluntary release of evidence that was shared with a special prosecutor's office in Turk & Caicos, which is investigating local corruption.
It did not give details, but in 2011, Sandals counsel Dimitri Singh said a former senior Sandals officer was linked to "various unauthorized transactions" and said the Jamaica-based resort company was voluntarily cooperating with international authorities probing former islands officials.
Sandals media officers based in the U.S. and Jamaica made no immediate comment Wednesday.