Linde GmbH settles US allegations of import fraud for $22 million

A big hydrogen refinery.

Linde GmbH, a German multinational corporation that makes industrial gases for transportation and other applications, and U.S. subsidiary Linde Engineering North America have agreed to pay the U.S. government $22.2 million to settle claims the company made false statements on its customs declarations to avoid import duties, the Justice Department announced Friday.

The government alleged Linde undervalued $500 million worth of products imported between 2011 and 2017 for the construction of...

https://www.freightwaves.com/news/linde-gmbh-settles-us-allegations-of-import-fraud-for-22-million

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