PEORIA, Ill. (WMBD) — A new Reuters report finds U.S. investigations were told to take “no further action” about a 2017 case against Caterpillar.
Prosecutors believe the company moved $8 billion in profits to Switzerland to avoid paying $2.4 billion in U.S. taxes.
In 2017, three local facilities were raided in the search for evidence.
Reuters said the freeze in the investigation came just days after William Barr received a nomination for attorney general in 2018.
Barr represented Caterpillar during the investigation but did not make the decision to halt the investigation.
Caterpillar officials have denied any wrongdoing.
WMBD reached out to a CAT spokesperson Friday. She said the company has no comment.
- ‘Viral shedding’: What is it and when are people with COVID-19 most infectious?
- Coroner identifies man who died in Knoxville collision
- Central Illinois man gets probation for threatening U.S. Rep. Rodney Davis
- Illinois, Bradley, ISU Open Basketball Season Wednesday
- Health and Human Services looking at mid-December for COVID-19 vaccine distributions to states