U.S. Department of Justice
BAE Systems plc Pleads Guilty and Ordered to Pay $400 Million Criminal Fine
Published in Medical Device Law Weekly, March 21st, 2010
BAE Systems plc (BAES) pleaded guilty today in U.S. District Court in the District of Columbia to conspiring to defraud the United States by impairing and impeding its lawful functions, to making false statements about its Foreign Corrupt Practices Act (FCPA) compliance program, and to violating the Arms Export Control Act (AECA) and International Traffic in Arms Regulations (ITAR), announced Acting Deputy Attorney General Gary G. Grindler. BAES was sentenced today by U.S. District Court Judge John D. Bates to pay a $400 million criminal fine, one of the largest criminal fines in the history of DOJ's ongoing effort to combat overseas corruption in international business and enforce U.S....
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