A US district court has ordered France’s Alstom to pay $772.3m in criminal fine for paying an alleged $75m in bribes to win contracts worth $4bn over a 10-year period in Egypt, Saudi Arabia, Indonesia and Taiwan.

Alstom had pleaded guilty to violating the US’ Foreign Corruption Practices Act (FCPA) in December 2014.

According to a report by London-based Reuters, the plea in 2014 covered activities by various Alstom entities including those of Connecticut-based Alstom Power, which entered “a deferred prosecution agreement admitting it conspired to violate the FCPA’s anti-bribery provisions.”

The US’ GE completed its acquisition of Alstom’s power and grid businesses in November for an estimated $10.4bn.

As a result of the court sentence, Alstom is now bound to pay the fine and respect ongoing obligations during a three-year period, during which Alstom will report every year regarding the re-mediation and implementation of the compliance programme and internal control policies and procedures.

An Alstom spokesperson for the Middle East said Alstom is “now fully committed to the elimination of corruption and bribery in its business transactions”.

The company said its integrity programme has been certified annually since 2011 by Ethic Intelligence, an independent certification agency that specialises in anti-corruption programmes.