Sinopec admits involvement in Daimler bribery case
- Source: Global Times
- [17:34 March 26 2010]
- Comments
Tan also said Sinpoec stopped its business relationship with Daimler after the Du case, and since then has made some efforts to prevent corruption within the company. All employees involved in the company's business network, like suppliers, are required to sign an agreement promising not to take or offer bribes.
Another company, energy giant China National Petroleum Corp (CNPC) was also involved in the Daimler bribery case.
According to the US court file, on February 21, 2003, Texas-based company Lily Energy Service gave 15,000 euros to Changqing Petroleum Exploration Bureau to sell six trucks worth 492,000 euros each.
On June 9, 2003, Daimler paid about 4,000 euros to a Chinese agent "A" and the money was involved the sale of an Actross truck worth 87,000 euros to BGP, a subsidiary of CNPC.
The company responded that it is currently investigating the issue and would not comment on the matter.
Daimler was charged by the US government of offering bribes worth tens of millions of dollars to foreign government officials in at least 22 countries for contracts between 1998 and 2008.
The kickbacks of cash and gifts of luxury armored cars, golf clubs and vacations helped secure government contracts from countries including China, Croatia, Egypt, Greece, Hungary, Indonesia, Iraq, Cote d'Ivoire, Latvia, Nigeria, Russia, Serbia and Montenegro, Thailand, Turkey, Turkmenistan, Uzbekistan, and Vietnam.
According to the file released by the court, during 2001 to 2005, Daimler Chrysler paid at least 4.1 million euros in "commissions", "gifts" and lavish vacations to Chinese government officials and in return the car company received contracts worth 112 million euros from Chinese firms.
