ABB Ltd. (Matter #76) / John G. A. Munro
ABB Ltd. (Matter #76)
United States
Securities and Exchange Commission
Consent to Permanent Injunction
Disgorgement of Profits, Prejudgment Interest, Civil Penalty
Art. 1, Art. 8
Bribery of foreign officials, False accounting violations, Aiding and abetting ABB's internal controls violations, Aiding and abetting ABB's falsification of books and records
No admission or denial of alleged offenses
According to the June 2011 United States Report to the OECD, regarding the ABB Ltd. case, "In a related case, on July 5, 2006, the Commission filed a settled civil complaint charging four former employees of ABB Ltd. subsidiaries with violating the anti-bribery provisions of the FCPA. The Commission's complaint alleged that the four former employees -- John Samson, a former regional sales manager for West Africa, John G. A. Munro, a former senior vice president of operations, Ian N. Campbell, a former vice president of finance, and John H. Whelan, a former vice president of sales -- participated in a scheme to offer, approve, and/or pay bribes to Nigerian government officials in furtherance of ABB's bid to obtain a $180 million contract to provide equipment for an oil drilling project in Nigeria's offshore Bonga Oil Field. [ ] On July 5, 2006, Without admitting or denying the allegations in the complaint, Samson, Munro, Campbell, and Whelan consented to the entry of final judgments that: (1) permanently enjoined each of them from future violations of the FCPA; (2) ordered each to pay a civil monetary penalty ($50,000 as to Samson, and $40,000 each as to Munro, Campbell and Whelan); and (3) ordered Samson to pay $64,675 in disgorgement and prejudgment interest." (Source: US Report to the Organisation for Economic Co-operation and Development, "Steps taken to implement and enforce the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions," Information as of May 31, 2011, ABB Ltd. Case Summary (#76) at 114-116.)