"Settlement of £671m means engineering giant will avoid being prosecuted by anti-corruption investigators in UK, US or Brazil
The engineering giant Rolls-Royce has apologised after it was found to have paid bribes including a luxury car and millions of pounds’ worth of cash to middlemen to secure orders in six countries, including Indonesia, Russia and China. Britain’s leading multinational manufacturer made the admissions on Tuesday at the high court in London, a day after it was revealed that it would pay £671m in penalties to settle long-running corruption allegations. In a statement read out in court, the firm said it “apologised unreservedly for the conduct which has been uncovered”. The settlement was reached with investigators from three countries – the UK, US and Brazil – who five years ago started to scrutinise allegations that the firm had hired middlemen to pay bribes to win contracts."
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