Former GM executive charged with federal bribery

former General Motors The manager was charged with a bribe plot after being allegedly receiving $ 3.4 million from an international parts supplier.

Brian Saw’s 46-year-old Hyun Nam Saw was GM’s global purchasing and supply chain manager overseeing parts used in the interior of North American vehicles.

In October 2015, So promised a contract with the owner of a Korean parts company in exchange for $ 5 million in cash. The US law firm in Central California last week. According to the indictment, the company owner met Saw at a hotel near Detroit in Troy, Michigan, and personally delivered $ 1 million to him.

After receiving the cash, So learned that the company was no longer the lowest bidder. On December 8, 2015, So still nominated the company and won the contract on the same day.

According to the indictment, So did not notify the supplier of the contract until after receiving an additional $ 2.45 million in cash.

So I left GM the following month Online resume Said.

“General Motors does not tolerate or tolerate any kind of corruption or bribery,” the company said in a statement. “The illegal activity claimed here is in complete contradiction with our Code of Conduct and Corporate Policy.”

The car maker said it was cooperating in the investigation.

So’s lawyer, H. Dean Steward declined to comment. Los Angeles TimesWhich Reported last week’s story..

The indictment stems from an investigation by the Department of Homeland Security’s Los Angeles Elcamino Real Financial Crimes Task Force. MTF has seized $ 3.19 million from a private vault in Los Altos, California, allegedly due to bribes.

Therefore, you will face the maximum penalty of 5 years in prison.

https://ift.tt/gt8afbk Former GM executive charged with federal bribery

The post Former GM executive charged with federal bribery appeared first on Autobala.

Auto Updates