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U.S. v. ABB Inc.

 
:
ABB - ABB Inc.
:
DOJ Criminal
:
September 29, 2010
:
U.S. v. ABB Inc.
:
U.S. v. ABB Inc., No. 4:10-cr-00664 (S.D. Tex. 2010)
:
Mexico
:
1997; 1998; 1999; 2000; 2001; 2002; 2003; 2004
:
Officials at a Mexican state-owned utility company (Comisión Federal de Electricidad (“CFE”))
:
From 1997 to 2004, ABB Inc. paid bribes that totaled approximately $1.9 million to officials at CFE. In exchange for the bribe payments, ABB Inc. received contracts worth more than $81 million in revenue for upgrades and maintenance to Mexico’s electrical network system. ABB Inc. admitted that the bribe payments were made through various intermediaries, including a Mexican company that served as ABB Inc.’s sales representative in Mexico for its contracts with CFE.
:
Anti-bribery (Domestic Concern), Conspiracy - Anti-Bribery
:
Deferred-prosecution Agreement, Fine
:
Under the deferred prosecution agreement with ABB Ltd., ABB Ltd. agreed to pay criminal penalties totaling $28,500,000 on behalf of ABB Inc. ABB Inc. was also sentenced to pay a criminal fine of $17.1 million, which was deducted from the $28.5 million due under the deferred prosecution agreement.
:
Not stated.
:
0
:
Total Offense Level: 34 (Base Offense of 12 plus Repeated Offenses of 2 and Profits of 20). Total Culpability Score: 5 (Base Culpability of 5 plus Company Size of 3 plus Prior History of 2 minus Self-Reporting of 5)
:
Domestic Concern
:
U.S.
:
Contract Procurement/Retention
:
81,000,000
:
Sales Agent/Consultant
:
81,000,000
:
Mexico
:
Mexico, United States
:
:
No