Rolls-Royce to pay $800M in corruption probe

Posted online January 17, 2017 | 11:58 am

Rolls-Royce Holdings PLC yesterday announced it settled a longstanding corruption probe with U.S., British and other authorities.

The $800 million settlement resolves claims the U.K. jet and marine engines engaged in bribery across the globe.

Initially, the probe focused on Rolls-Royce's business dealings in China and Indonesia but later spread to Brazil.

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