DEFUNCT AIRLINE SERVICE COMPANY TO PAY OUT NEARLY GBP3 MILLION UNDER LUFTHANSA BRIBES DPA
November 2nd, 2020
Former aircraft refitting company, Airline Services Limited (ASL), is to pay out a total GBP2,979,685 (USD3.87 million) under a deferred prosecution agreement (DPA) with the UK Serious Fraud Office (SFO) over bribes paid to German national carrier Lufthansa. The pay-out consists of a GBP1,238,714 (USD1.6 million) fine, a GBP990,971 (USD1.29 million) disgorgement of profits gained from the criminal conduct and a GBP750,000 (USD974,359) contribution to the SFO’s costs. Under the DPA, the SFO’s ninth ever and the third this year, ASL takes responsibility for ...
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