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Raytheon to pay $950 million to settle fraud, Qatar bribery charges
The Justice Department announced the defense contractor has agreed to three years of independent monitoring after violating the Foreign Corrupt Practices Act.
RTX Agrees to More Than $950 Million in Penalties to Settle Qatar Bribery, Contract Fraud Charges
The settlement resolves a federal probe that was opened after a lawsuit in California accused the defense contractor of funneling $1.9 million in bribes to a brother of Qatar’s emir.
Defense contractor Raytheon agrees to pay $252M penalty to resolve Qatar bribery charges
NEW YORK -- RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay the U.S. government $252 million to resolve criminal charges alleging it paid bribes to secure contracts with
Qatar
, federal prosecutors said Wednesday.
RTX agrees to $950 million settlement over US defense fraud, Qatar bribery
RTX agreed to pay nearly $950 million to resolve federal charges it defrauded the U.S. Department of Defense into overpaying for defense systems and bribed an official in Qatar to secure business from the Middle East country's air force.
RTX to pay more than $950M to resolve Qatar bribery, fraud claims
According to court documents, company employees offered and paid bribes to secure contracts with the Qatar Emiri Air Force and Qatar Armed Forces.
Defence group RTX to pay $950mn to resolve US charges over Qatar bribes
US prosecutors said RTX paid bribes to a Qatari official in an effort to sell its Patriot air defence system to the country © Abaca via Reuters Connect Defence group RTX to pay $950mn to resolve US ch
RTX to pay $950 million to resolve US defense fraud, Qatar bribery charges
RTX agreed on Wednesday to pay about $950 million to resolve federal charges it defrauded the U.S. Department of Defense into overpaying for defense systems and bribed an official in Qatar to secure business from the Middle East country's air force.
Defense contractor RTX agrees to pay more than $950 million to resolve bribery, fraud claims
RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay more than $950 million to resolve allegations that it defrauded the government and paid bribes to secure business
RTX agrees to pay $252M penalty to resolve Qatar bribery charges
According to court documents, company employees offered and paid bribes to secure contracts with the Qatar Emiri Air Force and Qatar Armed Forces.
RTX agrees to pay $280M penalty to resolve Qatar bribery charges
RTX (NYSE:RTX) agreed to pay more than $280 million to resolve a government probe into allegations of bribes in the Middle East and violations of U.S. arms-control regulations. The settlement between RTX (RTX),
1d
No Gaza Ceasefire Talks for Last 3/4 Weeks, Qatar Says
BRUSSELS (Reuters) - Qatar's prime minister said on Wednesday that there had been no conversations or engagement with any ...
Gulf Times
1h
Commercial Bank drives ongoing awareness for breast cancer month in Qatar
Commercial Bank has placed breast cancer awareness month at the forefront of its priorities, passionately launching an ...
telecomasia.net
1h
Qatar SC vs Al-Wakrah SC Prediction: Wakrah remains the favorite for the win
In the 7th round of the Qatar Stars League, Al-Wakrah will be aiming for their third consecutive league win as they prepare ...
2d
Qatar to Hold Referendum on Measure to Abandon Legislative Elections, Emir Says
Qatar held its first ever elections in 2021 to choose two-thirds of the members of the advisory Shura Council. The elections ...
2d
Higher ed must divest from Qatar
Qatar uses their investments to promote perspectives that support their illiberal regime–––and sometimes blatantly support ...
ABC News
3d
Qatar's ruler says his nation will vote on abandoning legislative elections after just one poll
Qatar
’s ruling emir says his small, energy-rich nation will hold a referendum on ending a short-lived experiment in electing members of the country’s advisory Shura Council DUBAI, United Arab ...
3d
The World Cup Is 1 Year Away: Could Ronaldo Miss Out on Qatar?
The 1 year countdown to the 2022 FIFA Men’s World Cup™ begins! Alexi Lalas and David Mosse cover all you need to know about ...
Gulf Times
4h
National Planning Council releases 47th edition of Window on Economic Statistics of Qatar
The National Planning Council has released the 47th edition of its quarterly publication 'Window on Economic Statistics of ...
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