Rolls-Royce Agrees to Pay US$ 800 Million Bribery Settlement

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Source: 17 January 2017 – occrp.org (Organised Crime and Corruption Reporting Project)

British engineering giant Rolls-Royce has agreed to pay more than US$ 800 million to settle long-time bribery and corruption allegations in the UK, US and Brazil, in a deal with the UK’s Serious Fraud Office.

Rolls-Royce said it reached similar agreements with corresponding bodies in the US and Brazil. The company is set to pay the US Department of Justice US$ 169 million and Brazil’s Ministério Público Federal US$ 25 million.

Source article here

 

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