Scandal Hits German Corporate Role Model: How Daimler Destroyed A Family

NEW YORK (RichTVX.com) — Corporate compassion is the capacity of the employees of a company to react empathetically in ways that are morally sound and humane. The capacity for compassion is not finite, it can grow or wither depending on the corporate culture. There are, at the other extreme, people who appear incapable of empathy. They are incapable of feeling their victims’ fear and pain. Many people see forgiveness in a purely therapeutic light, it releases victims from the pain and the prison of the past. Forgiveness is also a form of suffering and is most often associated with release of resentment; it is almost exclusively seen as a personal, internal act that helps the wronged move forward. Forgiveness is a choice you make to release yourself from anger, bitterness, and resentment. But unforgiveness is even a more powerful emotional cocktail. It can be defined as delayed emotions involving resentment, bitterness, residual anger, residual fear, hatred, and hostility. What’s more, the negative emotions may inhibit your ability to experience positive one. So how would you react? Can you imagine a father spending four years in prison even though he is innocent? He was arrested and kept in prison for four years. As the weeks turned to months, because the things he had faced had been horrific, it began to increase his bitterness. After such a long time in prison it was hard for him to go back. He had lost four years of his life, endured severe pain, and suffered with a permanent handicap, but he never regretted holding on to the truth. Even so, in his heart, he struggled to forgive the men responsible. The bitterness had gone underground. It bubbled up from time to time, especially in moments of frustration. Can you believe that by him being imprisoned because a large German corporation perverted the course of justice by corrupt means, and despite being a wealthy man, he lost everything he had and he died in abject poverty? Can you imagine that a whole family was destroyed by these events? You don’t think something like this is possible? Unfortunately, that’s exactly what happened — according to the leaked United States Securities and Exchange Commission (“SEC”)’s documents filed against Daimler AG*, (which changed its name to Mercedes-Benz Group AG). As we already reported, a whistleblower has submitted original information to the SEC. The content of these documents has it all. Violations of the Foreign Corrupt Practices Act, including at a minimum,15 U.S.C. §§ 78m(b)(2)(A), 78 m(b)(5), and 78ff(a), 15, U.S.C. §§ 78dd-1(a)(1)(A)(i) and (a)(3)(A)(i), as well as violations of 18 U.S.C. 2 and 18 U.S.C. 371. More allegations were listed in the “Facts Pertaining To The Alleged Violations” document provided by the whistleblower. Even so many years later, these questions continue. We only have one question: Why?

Bradley Birkenfeld – The Biggest Whistleblower in History

Daimler AG’s Managerial Class Ignorance Of Moral Principles

The Rich TVX News Network is used to whistleblower cases, given our longstanding friendship with Bradley Birkenfeld – the Biggest Whistleblower in History. We have humiliated and sanctioned the world’s most evil dictators. We already have many years of experience in fighting evil. Cruel cases such as the kidnapping, torture, rape, and murder of David Dragičević by the criminal Milorad Dodik regime in Republika Srpska are still remembered by many of our followers. The brutal arrest of Nikola Sandulović, the President of the Republican Party of Serbia, and his poisoning with nerve gas by the criminal regime of Aleksandar Vučić in Serbia still shocks to this day. We are also used to unethical business practices of certain players in the corporate world due to the outstanding “List of Shame” by Yale business professor Jeffrey Sonnenfeld, his colleague Steven Tian and the Yale research team. As we already reported, the Mercedes-Benz Group AG (Previously Daimler), and Daimler Truck Holding AG are listed in “The List of Shame” by Yale. The Rich TVX News Network relies on the power of ‘open fact’ to inform citizens about the truths of the world. There is a direct correlation between dictatorships, closed and unjust organisations and their ability to handle the truth. The Rich TVX News Network bulletins produce the most paranoia within a dictatorship or organisation the more unjust it is. However, it is much harder to concretely grasp cases of wickedness that rise to the level of sheer evil. There is no such degree of wickedness in human nature, as in the cold blood of the former Daimler AG managerial class, according to the leaked United States Securities and Exchange Commission’s documents. The documents which poured from the vaults of the United States Securities and Exchange Commission, exposed former Daimler AG´s managerial class lies, hypocrisy, and cover-ups. Perverse corporate wickedness, however, is often difficult to distinguish from preferential wickedness. The Rich TVX News Network will focus in this bulletin on the former Daimler AG’s managerial class ignorance of moral principles. Under the Foreign Corrupt Practices Act (FCPA), it is unlawful for a U.S. person or company to offer, pay, or promise to pay money or anything of value to any foreign official for the purpose of obtaining or retaining business.

The Yale SOM Has Performed Outstanding Work — https://som.yale.edu

Former Daimler AG Managers Reflected A Bad Moral Character

The Daimler whistleblower understood the profit motive that drives the business world. His complaint was widespread. He hinted that former Daimler AG managers at the highest levels were complicit in the shady activities of the company. The last bulletin «The Daimler Scandal That Will Shake The Mercedes-Benz Group AG To Its Core» has left the world stunned, and the supervisory authorities in Germany severely embarrassed. Not long ago, the German financial watchdog filed a criminal complaint against two Financial Times journalists, accusing them of potential market manipulation over reports about suspected accounting irregularities at payments processor Wirecard. Well, everyone knows by now what Wirecard really was and how it ended. For how long does Germany plan to remain a laughing stock or the corporate world? Exactly who leaked the SEC documents has never been discovered, though we tried to find out. The material simply arrived, posted by an anonymous whistleblower with access to the documents. Why did he, and no one else, decide to step forward and take on the risks associated with becoming a Daimler whistleblower? Nobody will ever know. The Whistleblower submitted the whistleblower petition to alert the United States Securities and Exchange Commission (“SEC” or the “Commission”) to, inter alia, Daimler’s violations of the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq. (“FCPA”), which are all the more egregious given its previous settlement with both the Commission and the United States Department of Justice  (“DOJ”) in 2010 in which Daimler and several of its subsidiaries admitted significant FCPA violations resulting from multiple instances of bribery. 2010 Settlement and Deferred Prosecution Agreement between Daimler, the SEC, and DOJ Daimler has a long, and admitted, history of making improper bribe payments implicating the anti-bribery, record-keeping and internal control provisions of the FCPA. In its 2008 Annual Financial Report, Daimler admitted it was being investigated by the SEC and the DOJ regarding violations of law, including violations of the FCPA. (Daimler 2008 Annual Report, at p. 193, available here).

With Up-To-Date Coverage Of The Mercedes-Benz Group AG Scandal

As we already reported, Daimler further admitted in the same document that “Daimler has completed its internal investigation and has determined that in a number of jurisdictions, primarily in Africa, Asia and Eastern Europe, improper payments were made which raise concerns under the FCPA, under German law, and under the laws of other jurisdictions.” Daimler made the same statements in its 2009 Annual Report. (Daimler 2009 Annual Report at 226, available here). As a result of this FCPA investigation, Daimler, and separately certain subsidiaries, agreed to the filing of a criminal information charging Daimler with one count of conspiracy to violate the books and records provisions of the FCPA and one count of violating those provisions. It further entered into a deferred prosecution agreement (“DPA”), dated March 24, 2010, and it and its subsidiaries agreed to pay $93.6 million in criminal fines and penalties. (April 1, 2010 DOJ Press Release, available at https://www.justice.gov/opa/pr/daimler-ag-and-three-subsidiaries-resolve-foreign-corrupt-practices-act-investigation-and). According to the March 22, 2010 Criminal Information against Daimler, Daimler engaged in a long-standing practice of paying bribes to foreign government officials through a variety of mechanisms, including the use of corporate ledger accounts known internally as “third-party accounts” or “TPAs,” corporate “cash desks,” offshore bank accounts, deceptive pricing arrangements and third-party intermediaries. Daimler classified the payments as ‘commissions”, “special discounts” and/or “nützliche Aufwendungen” or “N.A.”, which translates to “useful payment” or “necessary payment” and was understood by Daimler to mean “official bribe.” Pursuant to the DPA, Daimler agreed to retain an independent compliance monitor for a three-year period to oversee the company’s continued implementation and maintenance of an FCPA compliance program, and to make reports to the company and the DOJ. Certain Daimler subsidiaries were also covered by the monitoring provisions of the deferred prosecution agreement with their Daimler. Daimler also agreed to fully cooperate with investigations by U.S.and foreign authorities of the company’s corrupt payments. At the same time, Daimler AG resolved a related civil complaint filed by the SEC and agreed to pay $91.4 million in disgorgement of profits relating to those violations. (SEC Press Release available at https://www.sec.gov/news/press/2010/2010-51.htm; March 22, 2010 SEC). *Disclaimer: The views expressed in the whistleblower documents are those of the author(s) and do not necessarily represent the views of Rich TVX News Network, or its management. All the charges are accusations of the whistleblower, according to the SEC Complaint documents, and all defendants are presumed innocent until and unless proven guilty.