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Former Alstom exec jailed for Indonesia bribery

A former executive of Paris-based Alstom was sentenced Monday to 30 months in prison for bribing officials in Indonesia.

Frederic Pierucci, 49, a French citizen, was also fined $20,000.

He appeared in federal court in New Haven, Connecticut.

Judge Janet Bond Arterton gave Pierucci credit for 14 months he already spent in detention.

He was vice president of global sales for an Alstom subsidiary in Windsor, Connecticut.

He pleaded guilty in 2013 to an FCPA conspiracy and a substantive FCPA offense.

The DOJ said Pierucci and other Alstom executives bribed a member of the Indonesian Parliament and officials at Perusahaan Listrik Negara (PLN), the state-owned electricity company.

The bribes helped Alstom and its consortium partner Marubeni Corporation win a $118 million contract from PLN.

Alstom pleaded guilty in 2014 to violating the FCPA by bribing officials in Indonesia, Saudi Arabia, Egypt, and the Bahamas. It paid the DOJ $772 million in criminal penalties to settle the charges.

Marubeni pleaded guilty in March 2014 to one count of conspiracy to violate the Foreign Corrupt Practices Act and seven counts of violating the FCPA. The Japanese trading company paid a criminal fine of $88 million.

Alstom’s power generation business was later acquired by General Electric Co.

Three other former Alstom executives were charged in the case. David Rothschild pleaded guilty and is waiting to be sentenced. Charges are still pending against Lawrence Hoskins.

The fourth defendant — William Pomponi — died in 2016.

In the UK, the Serious Fraud Office has charged seven individuals and Alstom Network UK Ltd with bribery-related offenses.

In Switzerland, police arrested a former Alstom manager in 2008 and searched for evidence as part of a corruption and money-laundering probe. Police raided offices near Zurich and in Baden, along with homes in several cantons.

The Swiss attorney general fined Alstom about $40 million in 2011 for corporate negligence for failing to stop overseas bribery.

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Richard L. Cassin is the publisher and editor of the FCPA Blog.

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