Wednesday, March 24, 2010
VANESSA FUHRMANS AND THOMAS CATAN, The Wall Street Journal,
VANESSA FUHRMANS AND THOMAS CATAN, The Wall Street Journal,
Daimler to Settle With U.S. on Bribes
Daimler AG has agreed to pay $185 million to resolve a long-running U.S. investigation into allegations that the German auto maker paid tens of millions of dollars in bribes to secure business overseas, according to a person familiar with the matter.
The agreement would end a U.S. Justice Department probe into whether Daimler violated U.S. antibribery laws and a related civil investigation by the Securities and Exchange Commission, which were sparked by a former employee's complaint in 2004.
Read Full Article
Posted by Editor on 03/24/10 at 07:37 AM •
(0) Comments
Share Your Ire
blog comments powered by Disqus