KUALA LUMPUR, Nov 23 — French engineering group Alstom was fined RM133 million by Swiss authorities after its employees were found to have bribed civil servants in at least three cases including the award of contracts in Malaysia.It is the second French company in as many years to be fined for bribing government officials in Malaysia, after telco firm Alcatel-Lucent paid RM435 million to resolve US criminal and civil probes in December 2010.
The four-year probe centred on payments made by Alstom Network Schweiz AG to middlemen — termed “commercial agents” by the company — in return for securing government contracts to build power stations in 15 countries since the 1990s.
The Financial Times reported today that the Swiss Office of the Attorney-General said it had not found criminal wrongdoing by the French company and a Swiss affiliate, which, “as far as can be ascertained” did not know about the bribes.
“But it accused Alstom of ‘failing to meet the standards for an international group employing over 75,000 people’, sanctioning the group for ‘corporate negligence’,” the international business daily said.
The Washington Post also reported Alstom as saying it was satisfied with the outcome of the case as it concluded “the absence of any system or so called slush funds used for bribery of civil servants.”
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