The second-largest aerospace company in the world agreed to pay over $3.9 billion to settle charges with the US, France, and the U.K. for a global foreign bribery scheme. The DOJ noted that this is the largest global foreign bribery penalty to date.
According to a Deferred Prosecution Agreement and Information filed in the U.S. District Court for the District of Columbia, Airbus SE violated the anti-bribery provision of the Foreign Corrupt Practices Act ("FCPA"), the Arms Export Control Act ("AECA") and the International Traffic in Arms Regulations ("ITAR").
- offered and paid bribes to foreign officials to earn and maintain business, such as contracts to sell aircraft, violating the FCPA; and
- knowingly failed to disclose political contributions, commissions or fees concerning the sale or export of defense articles and services to foreign Armed Forces, violating the AECA and ITAR.