Bribery Exposed in DCX Investigation

[Variance]

Bribery Exposed in DCX Investigation

DaimlerChrysler AG has hired former FBI director Louis Freeh to serve as an outside monitor as it nears the end of a two-year internal investigation that has uncovered multiple instances of bribery by company employees, according to people familiar with the situation.

The massive internal investigation found employees at the automaker's Mercedes division bribed officials in Asia, Africa and Eastern Europe, the people said.

The bribery allegations, brought to light in 2004 by company whistle-blowers, also are the focus of a civil investigation by the Securities and Exchange Commission and a criminal probe by the Justice Department.

Company officials would not comment on the findings of the internal probe.

"The company is very determined to operate our business with the highest ethical standards. We take these matters very seriously," DaimlerChrysler spokesman Han Tjan said. "We're still conducting our investigation."

The Detroit News

[balthazar]

How did I know that the thread headline referred to mercedes, not Chrysler?

[Flybrian]

Because the Chrysler Group doesn't have enough money to bribe anybody.

[regfootball]

lol, by reading the headline i thought chrysler was bribing customers to buy cars.