Thai Government to Terminate Corruption Probe After Receiving Letter from GE InVision
The Bangkok Post reports today that the Government of Thailand will terminate its corruption probe into the purchase of CTX 900 explosives detection machines for Bangkok's new airport after receiving a letter from GE InVision Technologies Inc. stating that the company's predecessor did not pay bribes to any Thai government official.
GE InVision's letter stated that ''In its investigation related to Thailand, InVision did not find that any official of the Royal Thai Government had in fact received any improper payment or accepted any offer of an improper payment and such a finding was not a prerequisite to US authorities nonetheless concluding that InVision had violated US law" and that under US law, a company can be found to have violated the FCPA based on evidence that an offer or promise of an improper payment was made, even if there is no evidence that a payment was in fact received."
As previously reported, InVision entered into settlement agreements with the U.S. Government after it voluntarily disclosed that possible violations of the Foreign Corrupt Practices Act in connection with sales activities in Thailand, China and the Philippines.
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