Electrical Business

Business News

Bribery scandal pushes Alstom deeper into hot water

March 27, 2014 | By Anthony Capkun

March 27, 2014 – Robert Luskin of Patton Boggs—Alstom’s principal outside legal advisor in the States—says the Bloomberg article published today regarding the investigation of Alstom by the U.S. Department of Justice, “does not accurately reflect the current situation”.

“Alstom is cooperating closely, actively and in good faith with the DoJ investigation. In the course of our regular consultations, the DoJ has not identified any ongoing shortcomings with the scope, level or sincerity of the company’s effort,” writes Luskin.

According to Bloomberg’s Tom Schoenberg, the DoJ probe has focused on a $118-million contract to provide boiler services at a power plant on the island of Sumatra.

“Two Alstom executives of the U.S. arm of Alstom in Connecticut have so far pleaded guilty to conspiracy to violate bribery laws in connection with the project,” writes Reuters’ Natalie Huet.

“While investigating that deal, the Justice Department found evidence of possible bribery in 10 other energy projects in Indonesia, India and China, Bloomberg reported, citing documents filed in a related case,” added Huet .

“Alstom has agreed to focus its efforts on investigating a limited number of projects that we and the DOJ have identified in our discussions. We are working diligently with the DOJ to answer questions and produce documents associated with these specific projects so that we can address any possible improper conduct,” added Luskin.

Print this page


Stories continue below