How Bad Can It Be?: DaimlerChrysler Names ex-FBI Head to "Monitor" Bribery Probe

DaimlerChrysler AG has hired former FBI Director Louis Freeh to serve as an independent monitor as it concludes a two-year internal investigation into cases of suspected bribery by company representatives, the automaker said today.

The hiring of Freeh was first reported by the Detroit News, which said that by bringing on an independent watchdog in Freeh, DaimlerChrysler hoped to minimize any sanctions it might face from U.S. government regulators.

DaimlerChrysler spokesman Han Tjan said Freeh's hiring as a consultant was one step in an effort to investigate the suspected bribery and to take steps to prevent future such cases.

"The internal investigation is still ongoing and we are determined to act to address all of the issues we've identified," Tjan said. "We are taking these matters extremely seriously."





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