Embraer admits $800,000 LAM bribe

Brazilian aircraft manufacturer Embraer admitted that it paid bribes to government officials in four countries, including Mozambique, US Assistant Attorney General Leslie R. Caldwell announced Monday. The company will pay a penalty of $107 million.

The Mozambican bribe of $800,000 was paid via what the US Justice Department describes as “a false agency agreement with an intermediary designated by a high-level official” in Mozambique Airlines (LAM). The purpose of the bribe was to secure LAM’s agreement to purchase two aircraft from Embraer for approximately $65 million.

Fonte: MOZAMBIQUE 343News reports & clippings - 25 October 2016