Ktetaichinh’s Blog

March 17, 2010

Nexus Technologies of Phila. pleads guilty in Vietnam bribe case

Filed under: Uncategorized — ktetaichinh @ 12:06 am
Tags: ,

Export company Nexus Technologies Inc. pleaded guilty Tuesday to participating in a conspiracy to bribe Vietnamese government officials, federal prosecutors said.

The Philadelphia-based company found potential U.S. suppliers for goods the Vietnamese government wanted to purchase, including underwater mapping equipment, bomb-containment equipment, helicopter parts, chemical detectors, satellite communication parts and air-tracking systems.

The U.S. Attorney’s Office in Philadelphia said Nexus and three brothers who worked at the company have “admitted that from 1999 to 2008 they agreed to pay, and knowingly paid, bribes in excess of $250,000 to Vietnamese government officials in exchange for contracts.”

The brothers — Nam Nguyen, 54, of Houston and Vietnam; Kim Nguyen, 41, of Philadelphia; and An Nguyen, 34, of Philadelphia — have pleaded guilty to conspiracy, Foreign Corrupt Practices Act violations and other charges, the U.S. Attorney’s Office said. One of their partners, Joseph T. Lukas, has also pleaded guilty to conspiracy and Foreign Corrupt Practices Act violations. Nexus faces a fine of up to $27 million, the prosecutor’s office said. Nam and An Nguyen face up to 35 years in prison. Kim Nguyen faces up to 30 years and the maximum sentence for Lukas would be 10 years, according to the prosecutor’s office.

TrackBack URI

Blog at WordPress.com.

%d bloggers like this: