FCPA Scorecard Blog
Foreign Corrupt Practices Act & Anti-Corruption
BizJet Resolves FCPA Matter with DOJ Related to Conduct in Latin America
On March 14, 2012, aircraft maintenance, repair and overhaul ("MRO") provider, BizJet International Sales and Support, Inc., resolved an FCPA matter with the US DOJ related to conduct in Latin America, including Mexico and Panama. The deferred-prosecution agreement calls for an $11.8 million penalty. BizJet is an indirect subsidiary of the German company, Lufthansa Technik AG, which also entered a DPA.