Video: Rolls-Royce chief exec apologies for £671m bribery allegations pay-out
Rolls-Royce's chief executive has apologised after reaching an agreement to enter a Deferred Prosecution Agreement over bribery claims that will cost the company £671m.
The apology 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 US Department of Justice totalling $169,917,710 and to Brazil's Ministério Público Federal (MPF) totalling $25,579,179. Under the terms of the Deferred Prosecution Agreement (DPA) with the ... 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...
