A US court gave the green light on Thursday for Daimler to pay $185m in penalties as part of a deal to settle bribery charges brought by the Justice Department and Securities and Exchange Commission against the German car and truck maker.
The deal, first disclosed last week, also includes guilty pleas by Daimler's German and Russian units to two counts of violating US anti-bribery laws. The Justice Department has agreed not to prosecute the carmaker's Chinese subsidiary subject to fulfilment of various conditions.
Daimler has agreed to the appointment of an independent monitor to oversee compliance with the deal.
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