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September 12, 2018

Posted  September 12, 2018

United Technologies Corporation will pay a $13.9 million fine to resolve charges that it made payments in violation of the Foreign Corrupt Practices Act in an effort to sell elevators in Azerbaijan and China, and to sell aircraft engine parts China.  The payments, including trips and gifts to various foreign officials in China, Kuwait, South Korea, Pakistan, Thailand, and Indonesia, were made by United Technology’s subsidiaries Otis Elevator Co. and Pratt & Whitney.  SEC

Tagged in: FCPA,