GM Executives Avoid Prosecution for 124 Deaths Caused by Cover-Up of Faulty Ignition Switches
This time, the corporation is General Motors, which on Thursday was fined (pdf) $900 million for covering up its faulty ignition switches that caused at least 124 deaths.
The company, which is charged with wire fraud and a scheme to mislead a government regulator, also scored an agreement with the government that allows prosecution to be delayed for three years. During that time, its safety practices will be subject to independent monitoring. “If G.M. adheres to the agreement…the company can have its record wiped clean,” wrote The New York Times’ Danielle Ivory and Bill Vlasic.
“I don’t understand how they can basically buy their way out of it,” Margie Beskau, whose daughter Amy Rademaker was killed in an October 2006 crash, told the Times. “They knew what they were doing and they kept doing it.”
The $900 million fine is 25% less than the $1.2 billion Toyota had to pay last year for making deceptive statements about safety issues in its vehicles, which lead to the deaths of motorists.
Auto safety advocates were livid. “GM killed over 100 people by knowingly putting a defective ignition switch into over one million vehicles,” Clarence Ditlow of the Center for Auto Safety told Corporate Crime Reporter. “Yet
no one from GM went to jail or was even charged with criminal homicide
http://www.allgov.com/news/top-stor...f-faulty-ignition-switches-150921?news=857466