International Financial Law Prof Blog

Editor: William Byrnes
Texas A&M University
School of Law

Monday, December 22, 2014

Dallas Airmotive Admits Bribing Brazilian, Peruvian and Argentinian Government Officials, Pays $14 Million Criminal Penalty

Justice logoDallas Airmotive Inc., a provider of aircraft engine maintenance, repair and overhaul services based in Grapevine, Texas, has admitted to violations of the Foreign Corrupt Practices Act (FCPA) and agreed to pay a $14 million criminal penalty to resolve charges that it bribed Latin American government officials in order to secure lucrative government contracts.

According to Dallas Airmotive’s detailed admissions in the statement of facts accompanying the deferred prosecution agreement, between 2008 and 2012, the company bribed officials of the Brazilian Air Force, the Peruvian Air Force, the Office of the Governor of the Brazilian State of Roraima, and the Office of the Governor of the San Juan Province in Argentina. 

Dallas Airmotive 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.

https://lawprofessors.typepad.com/intfinlaw/2014/12/dallas-airmotive-admits-bribing-brazilian-peruvian-and-argentinian-government-officials-pays-14-mill.html

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