By Jonathan Stempel

(Reuters) -Liberty Mutual will give up $4.7 million in profit to settle a U.S. criminal bribery probe into an Indian subsidiary, in the Department of Justice’s first public enforcement action of a federal anti-bribery law it resumed enforcing in June.

In a letter made public on Monday, the Justice Department said the subsidiary, Liberty General Insurance, paid $1.47 million in bribes to six state-owned banks, which in exchange referred customers to its insurance products.

Liberty’s scheme ran from 2017 to 2022 and resulted in $9.2 million in revenue and the $4.7 million in profit, the letter said.

The Justice Department said the settlement reflected Liberty’s acceptance of responsibility, cooperation including its March 2024 disclosure of the misconduct, and complia

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