Engines
Rolls-Royce Settles Corruption Case with $812 Million in Fines
The UK's Serious Fraud Office found that intermediaries gave improper payments and gifts to secure orders for Rolls-Royce engines.

Engine maker Rolls-Royce agreed to pay penalties totaling more than $812 million to avoid going to a full trial over allegations of bribery and corruption following a complex investigation by the UK’s Serious Fraud Office (SFO). The High Court in London on Tuesday confirmed a Deferred Prosecution Agreement reached between the UK-based manufacturer and the SFO. The agreement calls for Rolls-Royce to pay £497.3 million ($616.7 million) to the UK authorities, $169.9 million to the U.S. Department of Justice and $25.6 million to Brazil’s Ministério Público Federal.