Rolls Royce to pay $25 million for bribery to Brazil’s Petrobras

Brazilian authorities announced they reached settlements with British multinational Rolls Royce, which will help in the investigation over the corruption cases it faces in three countries, in exchange for avoiding sanctions, as reported by Xinhua.

In detail, Rolls Royce will pay a $25.58 million fine in Brazil, avoiding further sanctions, $170 million to the US Department of Justice and around $600 to the UK Serious Fraud Office, according to America Economia.

The name of Rolls Royce came up during investigations of the mega corruption scandal around state-run Petrobras. The company’s former service manager Pedro Barusco told authorities that Rolls Royce paid briberies to Petrobras’ management to close a $100 million deal with the company.

The British company supplied turbine generators for Petrobras’ oil platforms. Barusco said he personally received $200,000 in briberies from Rolls Royce.

In the United States and United Kingdom Rolls Royce is also under investigation by local authorities.

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