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MB's star lost its shine in court room

MB's star lost its shine in court room

SYF77

Entry posted by SYF77 ·

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Daimler, the German giant behind the Mercedes-Benz automotive and truck business, has pleaded guilty to corruption charges brought by the U.S. Justice Department and Securities and Exchange Commission (SEC) and agreed to pay $185 million in penalties for its bribery practices.

 

In a 76-page filing in federal court, U.S. prosecutors said between 1988 and 2008, Daimler paid at least US$56 million in bribes to foreign officials in at least 22 countries that included China, Russia, Egypt, Greece and Nigeria. Among others, the SEC said that Daimler spent


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