Aircraft Maintenance Company to Pay $2 Million Penalty to Settle FCPA Problem

The Nordam Group Inc., a Tulsa-based airline maintenance company, has agreed to pay a $2 million penalty and enter into a non-prosecution agreement to resolve violations of the Foreign Corrupt Practices Act related to bribes paid to government-controlled airlines in China.

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THE PAST AND FUTURE FOR CORPORATE PROSECUTIONS: Orrick partner Michael Madigan discusses his successful defense in 2006 of the former chairman of KPMG’s Tax Department, which led to reduced leverage for prosecutors in pursuing corporation prosecutions.

Mary B. Jacoby

Mary Jacoby is the founder of Main Justice and Editor-in-Chief of Just Anti-Corruption.

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