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Showing posts with label Russia opens fraud case over Mercedes purchases. Show all posts
Showing posts with label Russia opens fraud case over Mercedes purchases. Show all posts

Friday, 12 November 2010

Russia opens fraud case over Mercedes purchases | Reuters

Russia opens fraud case over Mercedes purchases | Reuters: "Russian prosecutors said on Friday they had opened a criminal case into suspected fraud connected to purchases by state agencies of Mercedes-Benz cars from the Russian subsidiary of Germany's Daimler AG.
Daimler paid $185 million in April to settle allegations it had violated U.S. anti-bribery laws by giving state officials in countries including Russia money and gifts to win contracts.
The Daimler investigation is seen by anti-graft campaigners as a test case for President Dmitry Medvedev, who has repeatedly vowed to crank up the fight against rampant corruption, but analysts say there have been few results."

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