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Sarbanes-Oxley News & Developments
SEC Probes DaimlerChrysler Bribe ChargeA whistleblower in the audit department reportedly claimed that he was fired after telling senior officials about corruption at the company.
> > The whistle-blower was identified as David Bazzetta, a former employee in the corporate auditing department. Bazzetta alleged in the lawsuit that he was fired in January after he told senior company officials about the use of secret bank accounts to bribe government officials.
The whistleblower also claimed he learned during a corporate audit executive meeting in Germany that business units within DaimlerChrysler continued to maintain secret accounts despite knowing the practice was illegal under U.S. law.
Source: CFO
Published:2004-11-01
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