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Biz Jet

Local & Regional
11:39 am
Thu March 15, 2012

Tulsa company to pay $11.8 million fine in Latin America bribes case

BizJet

MEXICO CITY (AP) — A U.S. aviation company has agreed to pay an $11.8 million fine to settle a corruption case that alleges its employees bribed government officials in Mexico and Panama to secure contracts to maintain government aircraft in both countries.

The U.S. Department of Justice says in a Wednesday statement that Tulsa, Okla.-based BizJet International Sales and Support Inc. also reached an agreement with authorities to defer prosecution for three years.

Mexico's Attorney General's Office says it has opened its own investigation.

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