A German investigation of bribery at a Russian port now includes US authorities. Employees of automaker Ford and haulier DB Schenker are accused of paying bribes to expedite freight to a St. Petersburg car plant.
US authorities have joined in a two-year probe of carmaker Ford and German freight haulier Schenker that aims to determine whether the companies paid bribes to Russian customs officials to obtain expedited handling.
A report in Germany’s “Süddeutsche Zeitung” daily said the US Securities and Exchange Commission (SEC) has now joined investigations by prosecutors in Cologne, Germany, where Ford’s European operations are headquartered. The report said the …read more
Source: Daily News Egypt