Third Alstom exec pleads guilty for Indonesia bribes


A former senior executive of a subsidiary of Alstom SA, the French power and transportation company, pleaded guilty Thursday to conspiracy to violate the FCPA.
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A former senior executive of a subsidiary of Alstom SA, the French power and transportation company, pleaded guilty Thursday to conspiracy to violate the FCPA.
Head office of Marubeni in Chiyoda-Ku, Tokyo, Japan (courtesy of Wikipedia)Japan's Marubeni Corporation pleaded guilty Wednesday to eight FCPA charges, admitting it bribed Indonesian officials to win an electricity contract for itself and a partner, Alstom SA.
Alstom head office, 3 avenue André Malraux, Levallois-Perret, France (photo courtesy of Wikipedia)The DOJ said Wednesday that a former vice president of sales for Alstom's U.S. subsidiary became the third man from the company charged with overseas bribery and related offenses.
The United States unsealed criminal charges Tuesday against one current and one former executive of French power company Alstom's U.S. unit for an Indonesia bribery scheme.