UPDATE: Daimler AG To Pay $185 Million To Settle Bribery Charges

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Well, that didn't take long. Less than 24 hours after word that the United States Department of Justice had filed bribery charges against Daimler AG, the makers of Mercedes-Benz, comes news that Daimler will settle with the feds by paying $185 million.

Full story from Automotive News.

Post Title → UPDATE: Daimler AG To Pay $185 Million To Settle Bribery Charges

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Bribery Charges Filed Against Daimler AG

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The United States Justice Department has filed charges against Daimler AG, maker of Mercedes-Benz automobiles, alleging a "long-standing practice of paying bribes to foreign officials."

The feds say at least 22 countries were involved over a ten-year span and hundreds of payments to foreign officials worth tens of millions of dollars.

Full story from Reuters at Automotive News.

Post Title → Bribery Charges Filed Against Daimler AG

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