Rolls-Royce, a United Kingdom-based company (not the car company, as it turns out) is at the center of a massive fraud settlement that brought together countries from across the world. The company, which makes a number of parts and systems for aerospace, defense and other agencies in the United States, has agreed to pay the U.S. nearly $170 million as part of an $800 million global resolution. The U.S, UK and Brazil claim the company had a long-running scheme to bribe government officials in exchange for government contracts. According to the release from the Department of Justice:
“For more than a decade, Rolls-Royce repeatedly resorted to bribes to secure contracts and get a competitive edge in countries throughout the world,” said Chief Weissmann. “The global nature of this crime requires a global response, and this case is yet another example of the strong relationship between the United States and U.K. Serious Fraud Office and Brazilian Ministério Público Federal, and the collective efforts to ensure that ethical companies can compete on an even playing field anywhere in the world.”
The company admitted that from 2000 to 2013, it payed more than $35 million in bribes to foreign officials across the globe, through third parties, to land contracts. The countries in which Rolls Royce perpetrated their scheme include Thailand, Brazil, Kazakhstan, Azerrbaijan, Angola, and Iraq. The company also resolved criminal charges by paying a $195,496,880 penalty, according to the release.