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.

Thank you for submitting some email to us.