Nordam Settles China Bribes Case
Privately held aircraft maintenance company Nordam Group Inc. will pay $2 million and enter into a three-year non-prosecution agreement with the DOJ to resolve FCPA violations.
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 Tuesday.… Continue Reading