My Blog List

Friday, December 12, 2014

MAN AG discloses $344 million in penalties and costs for bribe scandal

German truck and diesel engine maker MAN AG has said a five-year old bribery scandal has now cost the company €250 million ($344 million) in fines and penalties and investigation costs. See more on FCPA BLOG MAN SE (formerly MAN AG) (MAN:Xetra)(MAN:GR) is a Global Compact participant since 2010/12/06. In 2013, MAN SE was a USD 15,000 contributor to the Foundation for the Global Compact, (USD 10,000 in 2012 and 2011.