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Friday, January 27, 2017
Volume:
33
Issue:
1
Abstract:
On January 17, 2017, Rolls-Royce plc, the United Kingdom-based manufacturer and distributor of power systems for the aerospace, defense, marine and energy sectors, has agreed to pay the U.S. approximately $170 million as part of an $800 million global settlement of investigations by U.S., U.K. and Brazilian authorities into a long-operating scheme to bribe government officials in exchange for government contracts.