SEC
Whistleblower
Attorneys

April 30, 2018

Panasonic Corporation

Foreign Corrupt Practices Act

SANCTION AMOUNT: Approximately $143,000,000

Defendants: Panasonic Corporation

The Commission found, inter alia, that Respondent's U.S. subsidiary, Panasonic Avionics Corp., offered a lucrative consulting position to a government official at a state-owned airline ("Middle East region") to induce the official to help obtain and retain business from the airline. Respondent agreed to settle the charges.

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