Settlements

ST-130
Daimler AG
Daimler AG
United States
Department of Justice
China, Croatia, Egypt, Greece, Hungary, Indonesia, Iraq (UN Oil-for-Food), Ivory Coast, Latvia, Nigeria, Russia, Serbia and Montenegro, Thailand, Turkey, Turkmenistan, Uzbekistan, Vietnam and other unspecified countries (at least 22 countries)
2010
04/01
Unknown
Legal Person
Criminal
Deferred Prosecution Agreement
Criminal Fine
$37,220,000.00
$37,220,000
$0
Art.16, Art.23, Art.26
Art. 1, Art. 2, Art. 7, Art. 8
Conspiracy to falsify books and records, Falsification of books and records
Conspiray to falsify books and records, Falsification of books and records
Yes
According to DOJ Report to Congress, "Appendix C: Summaries of Foreign Corrupt Practices Act Enforcement Actions by the United States, January 1, 1998 - September 30, 2010," Daimler AG, at 24-25: Case involved Daimler AG and three subsidiaries: DaimlerChrysler Automotive Russia SAO (DCAR), Daimler Export and Trade Finance GmbH (ETF), and DaimlerChrysler China Ltd. (DCCL). Misconduct alleged (1) hundreds of improper payments worth tens of millions of dollars by Daimler AG and its subsidiaries to foreign officials in at least 22 countries - including China, Croatia, Egypt, Greece, Hungary, Indonesia, Iraq, Ivory Coast, Latvia, Nigeria, Russia, Serbia and Montenegro, Thailand, Turkey, Turkmenistan, Uzbekistan, Vietnam and others - to assist in securing contracts with government customers for the purchase of Daimler vehicles. (2) Daimler AG admitted that it agreed to pay kickbacks to former Iraqi government in connection with contracts to sell vehicles to Iraq under the UN's Oil-for-Food program. Time period of conduct is 1998-2008. The contracts were valued in the hundreds of millions of dollars. According to Daimler AG's Deferred Prosecution Agreement, the company agreed to pay a fine of $93.6 million; the parties agreed that any fines agreed to and/or ordered against Daimler's subsidiaries would be deducted from that amount. (Source: US v. Daimler AG, Case No. 1:10-cr-063-RJL (D.D.C.), Deferred Prosecution Agreement filed March 24, 2010.) DaimlerChrysler Automotive Russia SAO agreed to pay $27.26 million in criminal fine and Daimler Export and Trade Finance agreed to pay $29.12 million in criminal fine. (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, Daimler AG Case Summary at 49-50.)