SEC Charges General Electric and Two Subsidiaries with FCPA Violations

By Newsroom America Feeds at 27 Jul 2010

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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