Diageo, the global drinks firm, is reportedly close to a settlement with the US Securities and Exchange Commission (SEC) to end a long-running bribery investigation. The drinks firm has been under scrutiny from the SEC for several years as part of an investigation into whether its employees or contractors paid bribes to government officials in South Korea, India and Thailand. According to the Financial Times, the settlement talks are at an advanced stage and the maker of Smirnoff vodka, Captain Morgan rum and Guinness beer has agreed to pay between $10m (£6m) and $20m. Both parties declined to comment.