The Department of Justice announced that Daimler AG resolved Foreign Corrupt Practices Act charges in this press release. According to court documents, Daimler AG and its subsidiaries made hundreds of improper payments worth tens of millions of dollars to foreign officials in at least 22 countries – including China, Croatia, Egypt, Greece, Hungary, Indonesia, Iraq, […]
Category: FCPA
Daimler hit with Foreign Corrupt Practices Act-related complaint
Via FCPA Professor comes news that Daimler is the target of a Department of Justice action involving the company’s payments to foreign countries.
Fourcand Enterprises Foreign Corrupt Practices Act case news
The Department of Justice made an announcement today involving a Foreign Corrupt Practices Act case involving Fourcand Enterprises. According to the criminal information filed on Feb. 1, 2010, Jean Fourcand, 62, of Miami, was the president and director of Fourcand Enterprises Inc. In pleading guilty, Fourcand admitted that he received funds between November 2001 and […]