Rolls-Royce agrees to pay £671m over bribery claims
Derby-based manufacturing giant Rolls-Royce has said it will pay out £671m in penalties after coming to an agreement with the UK Serious Fraud Office (SFO), the US Department of Justice (DoJ) and a Leniency Agreement with Brazil's Ministério Público Federal (MPF).
The news comes after a long-running investigation into claims that Rolls-Royce bribed agents to win export contracts.
Rolls-Royce said it has agreed to make payments to the DoJ totalling $169,917,710 and to the MPF totalling $25,579,179. Under the terms of the Deferred ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
