Settlements

ST-267
MAN / Turbo Engines Unit
MAN
Unspecified
Unspecified
2009
12/10
Unknown
Legal Person
Administrative
Administrative Offences Act
Fine, Confiscation of Profits
$110,859,672.00
$110,418,000
$441,672
$0
Art.16, Art.26
Art. 1, Art. 2
Section 30 OWiG in connection with sections 334 and 299 Criminal Code
Section 30 OWiG in connection with sections 334 and 299 Criminal Code
Unspecified
According to the March 2011 Germany Report to the OECD, "v) Decision of a Munich I Regional Court of 10 December 2009 pursuant to section 30 OWiG in conjunction with sections 334 and 299 CC - against the Turbo engines Unit of MAN - Fine of EUR 75.3 million, hereinafter Case ?Turbo engines Unit of MAN" (Source: Organisation for Economic Co-operation and Development, Working Group on Bribery: 2010 Data on Enforcement of the Anti-Bribery Convention, accessed at http://www.oecd.org/dataoecd/47/39/47637707.pdf; Organisation for Economic Co-operation and Development, Directorate for Financial and Enterprise Affairs, "Germany: Phase 3 Report on the Application of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and the 2009 Revised Recommendation on Combating Bribery in International Business Transactions," approved and adopted by the Working Group on Bribery in International Business Transactions on 17 March 2011, at footnote 49.)