BAE Pays $450 Million to Settle Bribery Charges in the U.S. and U.K.

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Author: 

Bruce Zagaris

Date Published: 

Thursday, April 1, 2010

Volume: 

26

Issue: 

4

Subject Areas: 

Administration of Justice
Bribery
Crimes
Fraud
International Crimes
International Criminal and Comparative Law

Geographic Identifier: 

Saudi Arabia
United Kingdom
United States
tanzania

Abstract: 

On February 4, 2010, BAE systems, Europe’s largest military contractor, agreed to plead to two criminal charges and pay almost $450 million in penalties in the United States and Britain to settle investigations into questionable payments made to obtain major contracts overseas...more...