Aug 11 (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 compliance

upgrades.

In February, U.S. President Donald Trump halted enforcement

of the anti-bribery law, the Foreign Corrupt Practices Act of

1977, saying its overuse denied a level playing field to U.S.

companies, harming economic competitiveness and national

security.

The Justice Department restarted enforcement with a

scaled-back approach focused on misconduct that hurts U.S.

competitiveness, involves key infrastructure, and is tied to

cartels or transnational criminal groups.

Liberty's settlement is fairly small. A wide range of

multinational companies have been prosecuted under the

anti-bribery law, including Goldman Sachs ( GS ) and Sweden's

Ericsson.

In a statement, Liberty said it was pleased the Justice

Department "acknowledged our proactive approach and affirmed our

commitment to integrity and compliance across our global

enterprise."

Bloomberg News reported the settlement earlier on Monday.