Former FBI director Louis Freeh will act as compliance monitor to German vehicle-maker Daimler AG, which is expected to obtain court approval on April 1st for its settlement with the Justice Department of two FCPA-related charges.
Freeh is nominated to be monitor in the deferred prosecution agreement the government filed in federal district court in Washington on Wednesday. His term will be three years.
Daimler is expected to pay $185 million to resolve bribery-related charges with the DOJ and SEC — $93.6 million for a criminal fine and $91.4 million in civil penalties.
Download a copy of the government’s sentencing memorandum in U.S. v. Daimler AG here.
Download a copy of Daimler’s deferred prosecution agreement here.
Download the March 22, 2010 two-count criminal information in U.S. v. Daimler AG here.
Our thanks to Washington, D.C.’s Marc Alain Bohn for his help with this post.