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Violation Tracker Individual Record

Company: Ingersoll-Rand Company Limited
Current Parent CompanyIngersoll Rand
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Recap of Ownership Changes subscribe to see this data field
Penalty: $2,500,000
Year: 2007
Date: October 31, 2007
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: The Ingersoll-Rand Company Limited agreed to pay a $2.5 million fine as part of an agreement with the U.S. government regarding charges brought in connection with an ongoing investigation of the U.N. Oil for Food program. The settlement covered cases brought against Ingersoll-Rand subsidiaries Thermo King Ireland Limited and Ingersoll-Rand Italiana SpA.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: USA
HQ State of Current Parent: North Carolina
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: industrial equipment
Specific Industry of Current Parent: industrial equipment
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.