Rolls Royce agreed to a $800 million global settlement, including 497 million sterling under a deferred prosecution agreement (DPA) (DPA) with the UK SFO; $169 million under a DPA with the Justice Department; and approximately 25 million to Brazilian authorities for bribery committed in Brazil.
The UK Bribery Act settlement is the largest earned by the SFO and underscores risks for UK companies and individuals. A UK judge approved the DPA under new procedures governing review and approval of proposed DPAs by UK courts. The SFO’s investigation began in 2012 and took at least four years to complete.
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