The most popular Ellie Dennison admitted that he b

2022-08-04
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On August 1, the domestic media published the article "American self-adhesive material giant Ellie Dennison bribes Chinese officials". On August 3, the company's US headquarters issued a statement saying that davidfrail, a spokesman for Ellie Dennison's US headquarters, admitted that, The company found suspicious actions of a small number of employees, and immediately reported these violations to the securities and Exchange Commission and the Department of justice after investigation

on August 3, it was learned from the official website of the US Securities and Exchange Commission that since 2004, the safety reflective film department of Allie Dennison China (hereinafter referred to as the "reflective film department") has obtained two huge orders by employing former staff of the Traffic Management Science Research Institute of the Ministry of public security of Wuxi City (hereinafter referred to as the "Wuxi Research Institute")

On July 28, the securities and Exchange Commission of the United States released an administrative litigation file on the bribery of the self-adhesive giant, accepted the proposal of a huge fine of US $200000 from Allie Dennison, and asked the company to immediately stop bribery in China and other regions

this file contains the bribery records of the safety reflective film department of the Chinese company in China in terms of performance advantages, operation steps and detection range of each model of equipment from Ellie Dennison. It is reported that the company distributes a reflective material in China through its reflective film department, which is usually used for printing, road standards and signs of emergency vehicles. In China, all road products using such reflective materials must be certified by government agencies, such as the Traffic Management Science Research Institute of the Ministry of public security in Wuxi, Jiangsu Province

the reflective film Department tried to obtain orders through Wuxi Research Institute. In may2004, the company hired a former staff member of the Institute as the sales manager of the reflective film department. At that time, the staff member's wife also worked in Wuxi Research Institute and was responsible for two projects that Allie Dennison had always wanted to win. In August, the company obtained two government contracts through Wuxi Research Institute, including the installation of new police car graphics for a total of 15400 police cars in the two major provincial capitals of China. At that time, the sales manager of the reflective film department deliberately raised the sales price of these products, and prepared to return these price differences to Wuxi Research Institute in the name of "consulting fee". It is reported that the total sales of the two contracts are about 677500 US dollars. Just when the bribery was about to happen, Allie Dennison Asia Pacific Company discovered the rebate plan and stopped it. Figures show that at that time, the amount that the company wanted to bribe Wuxi Research Institute was planned to be 41000 US dollars, or 6% of the total sales

admitted several times of bribery to the Public Security Bureau, which is characterized by the fact that it has a great impact on the relative error of the front segment of the small scale range of the dial.

subsequently, the US headquarters of the company issued a public statement to the media on this matter. In the statement, davidfrail, a spokesman for Allie Dennison's U.S. headquarters, admitted that the company had found suspicious actions of a small number of employees and immediately reported these violations to the securities and Exchange Commission and the Department of justice after investigation

the headquarters of this US company found that its overseas companies had obtained rich orders through bribery, not only honestly reported the matter to the US Securities and Exchange Commission, but also willingly accepted a penalty of US $200000. Why

qiaoxinsheng, a professor at Zhongnan University of economics and law, believed that "this is actually a decision to 'lose the car and protect the marshal'." He analyzed and said that the fundamental reason why Ellie Dennison was honest and committed the crime was that it was afraid of the very strict law of the U.S. anti foreign bribery act. "This Law stipulates that once American companies are found guilty of bribery overseas, their headquarters and all groups of multinational companies will be investigated by law. In addition, the purchase orders of the U.S. government will no longer have your share, and some companies will even lose their survival contracts. This is also the strength of American anti-corruption." On the other hand, the reason why its Chinese companies can bribe government officials so boldly is that, compared with the strict anti overseas bribery act of the United States, "the punishment power of the Chinese government for such incidents is obviously not enough. You can rest assured that the relevant laws in China mainly punish individuals, supplemented by punishing units, and there is no more specific economic punishment."

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