Entries in General Motors (6)
Donna Boehme is widely credited with transforming the compliance profession into what is now known as Compliance 2.0. For that ten-year pioneering struggle and for creating models for global compliance programs, the SCCE's 10-year anniversay award for dedicated service went to her as the "Lion of Compliance."
The Volkswagen emissions-testing scandal continues to provide some of the greatest lessons to be learned for the compliance and ethics practitioner that have been recently seen in any corporate scandal.
The chief of Volkswagen USA admitted the company screwed up, and the global CEO has resigned. Prosecutors and regulators, along with aggrieved buyers of its diesel vehicles, are lining up for retribution and justice.
The allegations are prima facie awful. In-house lawyers defending wrongful death claims knew for eleven years that some GM vehicles had an ignition flaw that could cause accidents. They didn't report the flaw internally or to regulators because they didn't want to prejudice GM's position in ongoing or future litigation.
An Indian government investigation has accused General Motors of "corporate fraud" for submitting false emissions data to regulators for vehicles manufactured and sold in India from 2005-2012. The panel’s findings have led to a recall of more than 125,000 vehicles in India and could result in charges against current and former senior executives. The company also faces a fine of more than $17 million.