Filipino CEO Charged With Bribery in US
A Filipino chief executive officer of a US-based firm has been arrested for his alleged involvement in a multi-million dollar bribery case.
The US Department of Justice arrested Rodolfo Quiambao, 71, president and CEO of Rudell & Associates Inc. He has been reportedly involved in a case of gas and electric company Consolidated Edison, that goes back 15 years, a report by ABS-CBN News’ Balitang America.
Quiambao, who is a former president of the Filipino American Association of Engineers, has been charged with paying three executives of Consolidated Edison $6.9 million in bribes and kickbacks since 2000 in return for contract work.
Quiambao has been involved in projects such as the interior design of JFK International Airport Terminal 4 and the Iglesia ni Cristo church in Forest Hills, NY.
If convicted, Quiambao could face a maximum sentence of 10 years in prison and a $250,000 fine.