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Ex-Maxwell Technologies Official Allegedly Bribed Chinese

An ex-Maxwell Technologies Inc. executive was charged by U.S. prosecutors with conspiring to bribe Chinese officials and falsifying company records in violation of the Foreign Corrupt Practices Act.

Alain Riedo, the former general manager of a Swiss unit of the company, was charged yesterday in an indictment in San Diego with taking part in a six-year conspiracy to pay government officials in China to win contracts to sell electric storage devices known as capacitors.