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SEC Charges General Electric and Two Subsidiaries with FCPA

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SEC Charges General Electric and Two Subsidiaries with FCPA

Postby admin » Tue Jul 27, 2010 7:47 am

SEC Charges General Electric and Two Subsidiaries with FCPA Violations
from SEC.gov Updates: Press Releases
The Securities and Exchange Commission today charged General Electric Company with violations of the Foreign Corrupt Practices Act (FCPA) for its involvement in a $3.6 million kickback scheme with Iraqi government agencies to win contracts to supply medical equipment and water purification equipment.
http://www.sec.gov/news/press/2010/2010-133.htm
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