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Former Control Components Inc. vice president guilty of bribing public officials in Greece

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Recent Enforcement Developments Seventh former CCI executive pleads guilty.  On 15 June 2012, David Edmonds, former vice president of worldwide customer service at Control Components Inc. pleaded guilty to a making corrupt payments to a Greek official in violation of the FCPA.  Edmonds is scheduled to be sentenced in November 2012, and faces a maximum sentence of 15 months imprisonment. CCI, a producer of control valves for use in the energy industry, made voluntary disclosures to the Department of Justice in 2007, leading to the conclusion by U.S. authorities that the company had made corrupt More…

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