Saturday 28 January 2012

Alcoa asks federal judge to dismiss bribery suit - Pittsburgh Tribune-Review

Alcoa Inc. on Friday asked a federal judge in Pittsburgh to dismiss a bribery lawsuit filed against the company by an aluminum maker controlled by the Bahrain government.

Aluminium Bahrain BSC, one of the world's largest aluminum smelters, claims New York-based Alcoa reaped more than $400 million in illegal profits by overcharging it for alumina, used to make aluminum. The company, known as Alba, said part of that money was used to pay bribes to senior executives of Alba and to the Bahrain government.

But Alcoa spokeswoman Lori K. Lecker said the company has "moved to dismiss this case in its entirety because Alba's claims are not supported by law or by fact." Alcoa's motion to dismiss the lawsuit says that Alba fails to link Alcoa executives' actions with any scheme and that, because the lawsuit centers on events overseas, federal laws don't apply.

1 comment:

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