In late June United Technologies Corp. pleaded guilty and was fined $75 million for illegally supplying China with military technology — Pratt & Whitney engines to power a new attack helicopter.
Executives at Pratt Canada knew they were operating in violation of U.tramadol generic. law and essentially looked the other way as Chinese officials created a cover story to buy the technology legally. Pratt Canada helped the Chinese buy tramadol develop the military helicopter in hopes of gaining legal commercial business.
While the effort to circumvent U.tramadol generic. law was germinated in a Canadian subsidiary, it is clear visit us executives in the U.tramadol generic. did not take action to report or stop the sales when they learned of the scheme in 2004. Only in 2006, after learning that UTC was about to be exposed by an outside group, did company officials come clean with the U.tramadol generic. government. Even so, the Justice Department concluded that some of the UTC “disclosures” contained false statements, including the assertion that the company did not know its engines were to be used for military purposes.
Company CEO Louis Chenevert a Canadian himself was tapped to lead UTC in 2008, but he was president of Pratt & Whitney since 1999 and had previously worked for six years at Pratt Canada. Chenevert released a statement that said, “We accept responsibility for these past violations and we deeply regret they occurred.”
BTW, Pratt did not win the Chinese commercial business.
|< Prev||Next >|