Another CCI Exec Pleads Guilty to Bribery in Greece
A seventh executive of Control Components Inc. pleaded guilty to bribery charges involving the sale of valves to Greece, the Justice Department said. It said David Edmonds, the former vice president-worldwide customer service at California-based CCI, pleaded guilty to violating…
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the Foreign Corrupt Practices Act (FCPA) before U.S. District Judge James Selna in Santa Ana, Calif., to a one-count superseding information charging him with making a corrupt payment to a foreign government official in Greece. According to court documents, CCI designed and manufactured service control valves for use in the nuclear, oil and gas, and power generation industries worldwide. At sentencing, Edmonds, 59, faces up to 15 months in prison. Sentencing is scheduled for Nov. 19, 2012.