Listed US aviation services business AAR Aircraft Sales & Leasing/AAR Corp has negotiated a USD55 million-plus settlement with the Department of Justice (DOJ) connected to activities in Nepal and South Africa in 2016-17 that potentially violated the US Foreign Corrupt Practices Act. A December 19 Securities and Exchange Commission (SEC) filing contained details of the settlement.

“AAR has entered a non-prosecution agreement with the DOJ, and the SEC has accepted the company’s offer of settlement and issued a…

Source: ch aviation
Read more: AAR Corp settles US DOJ bribery investigation for mn+