Executive of French Power Company Accused of Bribing Indonesian Officials

In an indictment unsealed April 15, a current executive of the Connecticut-based U.S. subsidiary of Alstom SA, a French power and transportation company, is accused of participating in a scheme to bribe foreign officials, the Justice Department announced in a written statement (United States v. Pierucci).

Frederic Pierucci is charged with one count of conspiracy to defraud the United States, one count of conspiracy to launder money, four counts of money laundering, and four counts of violating the Foreign Corrupt Practices Act. Pierucci, a French national, was arrested April 14 at John F. Kennedy International Airport.

The indictment ...