November 17, 2014
The SEC sanctioned Stephen Timms and Yasser Ramahi, two former employees in the Dubai office of US-based defense contractor
FLIR Systems Inc., for violating the Foreign Corrupt Practices Act (FCPA) by taking government officials in Saudi Arabia on a “world tour” to help secure business for the company. The two employees later falsified records in an attempt to hide their misconduct. FLIR is headquartered in Oregon and produces thermal imaging, night vision, and infrared cameras and sensor systems.
SEC