This is the second installment in the “earth to Secretary Ross” series. (See here for the first).
Recently, U.S. Commerce Secretary Wilbur Ross delivered this speech in India at a trade conference and remarked: “we are excited that so many U.S. companies are dedicated to building commercial relationships with the countries and customers in this region of the world.”
During the speech, Ross stated: “our strict Foreign Corrupt Practices Act also assures the Indian government that our companies will not cause scandals here.”
Earth to Secretary Ross … there have been numerous corporate FCPA enforcement actions concerning conduct, in whole or in part, in India as highlighted below.
- Cognizant Technology Solutions (2019)
- Stryker (2018)
- Beam (2018)
- CDM Smith (2017)
- Alere (2017)
- Mondelez International (2017)
- Embraer (2016)
- ABInBev (2016)
- Louis Berger International (2015)
- Tyco (2012)
- Oracle (2012)
- Diageo (2011)
- Pride International (2010)
- Westinghouse Air Brake Technologies (2008)
- York International (2007)
- Electronic Data Systems (2007)
- Textron (2007)
- Dow Chemical (2007)
