Rolls-Royce to Pay $817 Million to Resolve Bribery and Graft Inquiries
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A Rolls-Royce engine being mounted on an Airbus aircraft in France. Rolls-Royce’s products include engines for civilian and military aircraft, as well as turbines for the electrical power and energy industries.CreditGuillaume Horcajuelo/European Pressphoto Agency
LONDON — Rolls-Royce, the maker of jet engines and other power systems, said on Monday that it had agreed to pay $817 million to resolve several long-running bribery and corruption inquiries.
The company said that it had reached so-called deferred prosecution agreements with the Serious Fraud Office of Britain, as well as the United States Department of Justice. It also reached a leniency agreement with the Ministério Público Federal of Brazil.
The Serious Fraud Office is expected to seek approval of the agreement at a court hearing on Tuesday…
Rolls-Royce to Pay $817 Million to Resolve Bribery and Graft Inquiries
