In a longstanding U.S. probe into the German automaker's habitual bribing of foreign officials, Daimler escaped criminal charges in a deal presented to a judge on March 24.

Daimler admitted to making hundreds of improper payments worth tens of millions of dollars to foreign government officials in at least 22 countries between 1998 and 2008, according to a deferred prosecution agreement filed in a Washington court.

The kickbacks of cash and gifts of luxury armored cars, golf clubs and vacations helped secure government contracts worth millions of dollars in China, Russia, Thailand, Greece, Iraq and other countries.

Prosecutors recommended that a judge impose a $93.6 million fine and accept the guilty plea of two Daimler subsidiaries. They noted that Daimler has mended its ways and cooperated fully with the investigation.

Daimler will also pay a $91.4 million fine to settle an investigation by the U.S. Securities and Exchange Commission.

The fines are significantly smaller than the $800 million German industrial giant Siemens paid in 2008 to settle a U.S. investigation into its bribery of officials to secure contracts in Argentina, Bangladesh, Iraq and Venezuela.

"The Department (of Justice) considers Daimler's cooperation in this investigation to have been excellent," prosecutors wrote in a sentencing memo. "Specifically, Daimler conducted a worldwide internal investigation, involving dozens of countries and every major market in which the company does business." Daimler regularly presented its findings to prosecutors, fired 45 employees implicated in the bribery and reformed its practices, prosecutors wrote. An external monitor will be appointed for three years to make sure Daimler abides by its strict anti-bribery code.

The bribery first came to light in 2004 when a former Daimler employee filed a whistleblower complaint saying he'd been fired for voicing concern about secret accounts maintained to pay the bribes.

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