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US: Bribe case settlement to cost Daimler US$185m

Daimler AG will pay US$185m to resolve charges by the US government of allegedly violating the Foreign Corrupt Practices Act (FCPA). Bloomberg, citing a person familiar with the litigation, said Daimler will pay US$93.6m to the Justice Department and US$91.4m to the US Securities and Exchange Commission (SEC). As part of Subscribe to Automotive World … Continued

Daimler AG will pay US$185m to resolve charges by the US government of allegedly violating the Foreign Corrupt Practices Act (FCPA).

Bloomberg, citing a person familiar with the litigation, said Daimler will pay US$93.6m to the Justice Department and US$91.4m to the US Securities and Exchange Commission (SEC). As part of

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https://www.automotiveworld.com/articles/81372-us-bribe-case-settlement-to-cost-daimler-us-185m/

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