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Violation Tracker Individual Record

Company: Fiat S.p.A.
Current Parent Company: Stellantis
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Penalty: $7,000,000
Year: 2008
Date: December 22, 2008
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: Fiat S.p.A. agreed to a $7 million penalty for illegal kickbacks paid to officials of the former Iraqi government by three of its subsidiaries. Fiat agreed to pay the fine as part of a deferred prosecution agreement. The matter was part of the Justice Department's ongoing investigation into the United Nations Oil for Food program.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.