17-01-2017 22:16 via uk.news.yahoo.com

Rolls-Royce to pay more than $800 million to settle bribery charges - U.S.

By Joel Schectman WASHINGTON (Reuters) - Rolls-Royce Plc agreed to pay authorities more than $800 million (646.26 million pounds) to resolve charges of bribing officials in six countries in schemes that lasted more than a decade, the U.S. Justice Department and UK Serious Fraud Office said in statements on Tuesday. The company admitted to paying officials at state-run energy companies in Kazakhstan, Thailand, Brazil, Azerbaijan, Angola and Iraq more than $35 million in order to win contracts, th
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