Dallas Airmotive Inc., an aircraft engine maintenance, repair, and overhaul firm based in Grapevine, Texas, admitted Wednesday that it bribed Latin American officials to win government contracts.
Entries in Lufthansa Technik (5)
The former chief executive of Lufthansa's BizJet subsidiary pleaded guilty Thursday to conspiracy to bribe government officials in Mexico and Panama.
Four former executives of BizJet International Sales and Support Inc., the U.S.-based subsidiary of Lufthansa Technik AG, were charged in a criminal indictment unsealed Friday for their alleged participation in a scheme to pay bribes to government officials in Latin America.
The Tulsa, Oklahoma company and affiliates bribed 'employees of airlines created, controlled and exclusively owned by the People’s Republic of China in order to secure contracts' from those airlines, the DOJ said.
BizJet International Sales and Support Inc. agreed to pay an $11.8 million criminal fine and enter into a three-year deferred prosecution agreement with the DOJ to resolve FCPA offenses in Latin America.