US SEC says Daimler made $56 mln in bribe payments

Newswire

* At least $56 million in improper payments made - SEC * Almost 7,000 vehicles involved in tainted transactions By Jeremy Pelofsky WASHINGTON, March 25 (Reuters) - Car and truck manufacturer Daimler AG allegedly earned $1.9 billion in revenue and at least $91.4 million in illegal profits from transactions tainted by bribes, according to the U.S. Securities and Exchange Commission. There were more than 200 transactions in which it made at least $56 million in improper payments to ...

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