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Practice Areas

$14 Million Criminal Fine Against Aircraft Services Company for Bribing Foreign Officials

Monday, December 15, 2014
Sandler, Travis & Rosenberg Trade Report

The Department of Justice announced Dec. 10 that a Texas-based provider of aircraft engine maintenance, repair and overhaul services has agreed to pay a $14 million criminal penalty after admitting to violating the Foreign Corrupt Practices Act by bribing Latin American government officials to secure lucrative government contracts. A DOJ press release states that the company used various methods to convey the bribe payments, including by entering into agreements with front companies affiliated with foreign officials, making payments to third-party representatives with the understanding that funds would be directed to foreign officials, and directly providing things of value, such as paid vacations, to foreign officials.

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