The bribery case involving German carmaker Daimler is moving to new levels, after the US Justice Department and the Securities and Exchange Commission decided to charge the carmaker with conspiracy and falsifying books and records under the Foreign and Corrupt Practices Act, Reuters reported.
The US says Daimler’s actions resulted in $50 million in pretax profits for Daimler, while for the duration of the activities the carmaker paid tens of millions and won contracts worth hundreds of milli… (read more)