Case Studies
Multinational Aerospace and Defence Corporation European Bank Middle-East Telecommunications Company Multinational Oil and Gas Extraction Company Multinational Life Sciences Company Global Technical Consulting Firm International Event and Talent Management Company Deminor Recovery Services/Olympus Technip Rolls-Royce Bank Leumi Nordic Telecommunications Company Multinational Insurance Firm Multinational Transport Engineering Company International Mining CompanyChallenge
Rolls-Royce plc, the UK-based manufacturer and distributor of power systems for the aerospace, defense, marine and energy sectors, was under investigation by the US Department of Justice (DOJ), UK Serious Fraud Office (SFO) and Brazilian authorities in relation to an alleged long-running scheme to bribe government officials in exchange for government contracts.
Action
FRA analyzed underlying financial material and prepared submissions on the extent of illegal profits to be disgorged to the DOJ, SFO and Brazilian Ministerio Publico Federal (MPF).
Solution
Rolls-Royce agreed to pay $800 million as part of a global resolution with the three authorities, allowing the company to avoid being prosecuted over the claims in these jurisdictions.