US Head of Czech Truckmaker Jailed In Graft Probe

Law360, New York (August 21, 2012, 2:55 PM EDT) -- The American head of Czech Republic-based truck manufacturer Tatra was reportedly arrested Monday on charges of corruption stemming from alleged bribes in relation to Czech army vehicle supply contracts worth $135 million.

Ronald Adams, who is also the former president of the American Chamber of Commerce in the Czech Republic, has denied the graft allegations, which involve a 2008 to 2009 contract to supply $135 million worth of Tatra trucks to the army, according to Agence France-Press.

Adams' arrest comes after the jailed former Czech defense...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.