According to a new article in German magazine Stern, DaimlerChrysler reps have admitted to investigators that kickbacks were a routine part of business when it came to overcharging for vehicles in Nigeria. Additionally, the publication is reporting that DCX managers employed undocumented slush funds to pay for many foreign bribes.

While DaimlerChrysler has declined to comment, it is reportedly cooperating with U.S. S.E.C. and D.O.J. investigators.

[Source: The Globe and Mail]


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