Brazil’s Embraer in $205 mn US bribery settlement
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Brazilian aerospace company Embraer SA on Monday settled with US authorities for $205 million over bribery allegations in the Dominican Republic, Saudi Arabia, and Mozambique. The company took in nearly $84 million in profits on aircraft sales after paying bribes, the US Justice Department and Securities and Exchange Commission announced jointly. “Embraer paid millions of […]https://www.defencetalk.com/brazils-embraer-in-205-mn-us-bribery-settlement-68478/
Brazilian aerospace company Embraer SA on Monday settled with US authorities for $205 million over bribery allegations in the Dominican Republic, Saudi Arabia, and Mozambique. The company took in nearly $84 million in profits on aircraft sales after paying bribes, the US Justice Department and Securities and Exchange Commission announced jointly. “Embraer paid millions of […]https://www.defencetalk.com/brazils-embraer-in-205-mn-us-bribery-settlement-68478/