The U.K.’s Serious Fraud Office said today that BAE Systems will pay nearly £30 million to fund educational projects in Tanzania. The payment is part of BAE’s 2010 global settlement of bribery charges….
The £30 million will be used to buy textbooks for all 16,000 primary schools in the country, the SFO said, benefiting more than eight million children. Teaching guides and syllabi will be provided to 175,000 primary school teachers.
via The FCPA Blog – The FCPA Blog – SFO, BAE Help Educate Millions Of Kids — The FCPA Blog