Daimler and three of its subsidiaries have pleaded guilty

Daimler and three of its subsidiaries have pleaded guilty

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AFP - German automaker Daimler pleaded guilty to US charges of bribery and agreed to pay 185 million dollars to settle the affair, the US government said Thursday.

The Justice Department said Daimler and three of its subsidiaries had resolved charges related to a Foreign Corrupt Practices Act (FCPA) investigation into the company's worldwide sales practices.

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The kickbacks of cash and gifts of luxury armored cars, golf clubs and vacations helped secure government contracts worth millions of dollars in China, Russia, Thailand, Greece, Iraq and not one penny went to make MY life better...

a separate, related civil case, Daimler agreed to pay 91.4 million dollars to settle a case filed by markets regulator the US Securities and Exchange Commission.



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